Drb Transport

$514,000 PPP Loan in Alma, Michigan

Loan Details

Loan Number
5633787008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$514,000
Current Approval
$514,000
Forgiveness Amount
$519,520
Forgiveness Date
May 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Drb Transport
Address
9637 N. Alger Road
City
Alma
ZIP Code
48801-9776
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
73
Estimated Revenue
$11.0M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$465,000
Utilities
$9,000
Health Care
$40,000

Lender Information

Servicing Lender
Isabella Bank
Originating Lender
Isabella Bank

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