PPP Loan information for Droptine utility construction llc

$198,900

Droptine utility construction llc was initially approved for PPP Loan of amount $198,900, the current approved amount is $198,900. The loan was approved on 04/11/2020 by The First Commercial Bank, National Association reported 19 jobs and $198,900 was used to fund payroll.

Droptine utility construction llc is New Business or 2 years or less

PPP Loan Search / TX / NEW BRAUNFELS / Droptine utility construction llc

DROPTINE UTILITY CONSTRUCTION LLC

Date Approved

04/11/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

DROPTINE UTILITY CONSTRUCTION LLC

Borrower Address

5142 FM 725

Borrower City

NEW BRAUNFELS

Borrower State

TX

Borrower Zip

78130

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198900.00

Current Approval Amount

198900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71874

Servicing Lender Name

First Commercial Bank, National Association

Servicing Lender Address

1336 E Court St

Servicing Lender City

SEGUIN

Servicing Lender State

TX

Servicing Lender Zip

78155-5131

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEW BRAUNFELS

Project County Name

COMAL

Project State

TX

Project Zip

78130-0001

CD

TX-35

Jobs Reported

19

NAICS Code

237110

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

198900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

71874

Originating Lender

First Commercial Bank, National Association

Originating Lender City

SEGUIN

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

200690.10

Forgiveness Date

03/11/2021

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