PPP Loan information for Drummond press inc

$2,000,000

Drummond press inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/20/2021 by The First Horizon Bank reported 190 jobs and $2,000,000 was used to fund payroll.

Drummond press inc is Existing or more than 2 years old

DRUMMOND PRESS INC

Date Approved

02/20/2021

SBA Office Code

0491

Processing Method

PPS

Borrower Name

DRUMMOND PRESS INC

Borrower Address

2472 Dennis St

Borrower City

Jacksonville

Borrower State

FL

Borrower Zip

32204-1757

Loan Status Date

04/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jacksonville

Project County Name

DUVAL

Project State

FL

Project Zip

32204-1757

CD

FL-04

Jobs Reported

190

NAICS Code

323111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2020222.22

Forgiveness Date

03/01/2022

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