Drake Sawmill, LLC

$130,400 PPP Loan in Brownsville, Tennessee

Loan Details

Loan Number
5066247002
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$130,400
Current Approval
$130,400
Forgiveness Amount
$131,172
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Drake Sawmill, LLC
Address
3100 US Highway 70
ZIP Code
38012-8404
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (321113)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
$14.9M
Rural/Urban
Rural
Congressional District
TN-08

Loan Use Breakdown

Payroll
$103,355
Utilities
$20,000
Mortgage Interest
$7,045

Lender Information

Servicing Lender
Decatur County Bank
Originating Lender
Decatur County Bank

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