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Richard Drake Construction Company LP

$1,061,300 PPP Loan in Powderly, Texas

Loan Details

Loan Number
4757747004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,061,300
Current Approval
$1,061,300
Forgiveness Amount
$1,067,376
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Richard Drake Construction Company LP
Address
6290 Hwy 271 N
City
Powderly
State
Texas
ZIP Code
75473-4102
Business Type
Partnership
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$27.0M
Rural/Urban
Rural
Congressional District
TX-04

Loan Use Breakdown

Payroll
$1,061,300

Lender Information

Servicing Lender
The Liberty National Bank in Paris
Originating Lender
The Liberty National Bank in Paris

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