Droptine Utility Construction LLC

$198,900 PPP Loan in New Braunfels, Texas

Loan Details

Loan Number
3541147106
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$198,900
Current Approval
$198,900
Forgiveness Amount
$200,690
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Droptine Utility Construction LLC
Address
5142 Fm 725
State
Texas
ZIP Code
78130
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237110)
Business Age
New Business or 2 years or less
Jobs Reported
19
Estimated Revenue
$5.9M
Rural/Urban
Rural
Congressional District
TX-35

Loan Use Breakdown

Payroll
$198,900

Lender Information

Servicing Lender
First Commercial Bank, National Association
Originating Lender
First Commercial Bank, National Association

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