Draeving Machine Tool INC

$141,603 PPP Loan in Beloit, Wisconsin

Loan Details

Loan Number
3350897301
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$141,603
Current Approval
$141,603
Forgiveness Amount
$142,622
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Draeving Machine Tool INC
Address
2710 Prairie Ave
City
Beloit
ZIP Code
53511
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
WI-02

Loan Use Breakdown

Payroll
$141,603

Lender Information

Servicing Lender
The First National Bank and Trust Company
Originating Lender
The First National Bank and Trust Company

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