Drace Construction Corporation

$667,700 PPP Loan in Long Beach, Mississippi

Loan Details

Loan Number
3820727106
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$667,700
Current Approval
$667,700
Forgiveness Amount
$674,303
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Drace Construction Corporation
Address
407 Meadow Wood Circle
ZIP Code
39560-4618
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$41.0M
Rural/Urban
Urban
Congressional District
MS-04

Loan Use Breakdown

Payroll
$667,700

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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