PPP Loan information for Drs electric, llc

$131,700

Drs electric, llc was initially approved for PPP Loan of amount $131,700, the current approved amount is $131,700. The loan was approved on 04/09/2020 by The Commercial Bank reported 17 jobs and $131,700 was used to fund payroll.

Drs electric, llc is Existing or more than 2 years old

PPP Loan Search / TN / MAYNARDVILLE / Drs electric, llc

DRS ELECTRIC, LLC

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

DRS ELECTRIC, LLC

Borrower Address

118 FALL CREEK RD

Borrower City

MAYNARDVILLE

Borrower State

TN

Borrower Zip

37807-4618

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131700.00

Current Approval Amount

131700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67045

Servicing Lender Name

Commercial Bank

Servicing Lender Address

6710 Cumberland Gap Pkwy

Servicing Lender City

HARROGATE

Servicing Lender State

TN

Servicing Lender Zip

37752-8013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MAYNARDVILLE

Project County Name

UNION

Project State

TN

Project Zip

37807-4618

CD

TN-02

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1200.00

Payroll Proceed

123800.00

Mortgage Interest Proceed

0.00

Rent Proceed

1300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5400.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67045

Originating Lender

Commercial Bank

Originating Lender City

HARROGATE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

132545.08

Forgiveness Date

12/02/2020

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