Drake Farm, Inc.

$20,450 PPP Loan in Clare, Illinois

Loan Details

Loan Number
5495277107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$20,450
Current Approval
$20,450
Forgiveness Amount
$20,600
Forgiveness Date
Jan 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Drake Farm, Inc.
Address
7168 E. Clare Rd.
City
Clare
ZIP Code
60111-9507
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112111)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$16,360
Rent
$2,814
Utilities
$1,276

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

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