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
- City
- Brownsville
- State
- Tennessee
- 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
Other PPP Loans in Brownsville, TN
| Business | Approved | |
|---|---|---|
| Southwest Tennessee Electric Membership Corporation | $2,198,700 | |
| Mid-South Farmers Cooperative | $1,206,781 | |
| Mid-South Farmers Cooperative | $1,109,555 | |
| Dynametal Technologies, Inc. | $523,095 | |
| Simmons Logging LLC | $408,071 |
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