Drace Construction Corp

$549,860 PPP Loan in Ocean Springs, Mississippi

Loan Details

Loan Number
4579578701
Date Approved
Apr 1, 2021
Loan Status
Paid in Full
Initial Approval
$549,860
Current Approval
$549,860
Forgiveness Amount
$557,146
Forgiveness Date
Jul 28, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Drace Construction Corp
Address
922 Porter Ave Ste 100
ZIP Code
39564-4610
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$36.5M
Rural/Urban
Urban
Congressional District
MS-04

Loan Use Breakdown

Payroll
$549,856
Utilities
$1

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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