PPP Loan information for Drake enterprises, inc.

$114,912

Drake enterprises, inc. was initially approved for PPP Loan of amount $114,912, the current approved amount is $114,912. The loan was approved on 04/30/2020 by The American Bank of the Carolinas d/b/a American Bank reported 10 jobs and $114,912 was used to fund payroll.

Drake enterprises, inc. is Existing or more than 2 years old

PPP Loan Search / NC / MONROE / Drake enterprises, inc.

DRAKE ENTERPRISES, INC.

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DRAKE ENTERPRISES, INC.

Borrower Address

1570 LYNN ST

Borrower City

MONROE

Borrower State

NC

Borrower Zip

28110-2304

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114912.00

Current Approval Amount

114912.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

525602

Servicing Lender Name

American Bank of the Carolinas d/b/a American Bank

Servicing Lender Address

3302-A W Hwy 74

Servicing Lender City

MONROE

Servicing Lender State

NC

Servicing Lender Zip

28110

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONROE

Project County Name

UNION

Project State

NC

Project Zip

28110-2304

CD

NC-08

Jobs Reported

10

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

114912.00

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

525602

Originating Lender

American Bank of the Carolinas d/b/a American Bank

Originating Lender City

MONROE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

116183.90

Forgiveness Date

06/17/2021

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