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Drake Tool & Design INC

$92,700 PPP Loan in Hastings, Nebraska

Loan Details

Loan Number
4955987007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$92,700
Current Approval
$92,700
Forgiveness Amount
$93,300
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Drake Tool & Design INC
Address
3401 Yost Ave
City
Hastings
State
Nebraska
ZIP Code
68901-1985
Business Type
Corporation
Industry (NAICS)
Manufacturing (333511)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NE-03

Loan Use Breakdown

Payroll
$78,800
Rent
$4,630
Utilities
$9,270

Lender Information

Servicing Lender
Heartland Bank
Originating Lender
Heartland Bank

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