Drake Farms Trucking, Inc.

$616,530 PPP Loan in Denton, Texas

Loan Details

Loan Number
5726857102
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$616,530
Current Approval
$616,530
Forgiveness Amount
$622,763
Forgiveness Date
Apr 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Drake Farms Trucking, Inc.
Address
625 Dallas Dr #250
City
Denton
State
Texas
ZIP Code
76205-1200
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$8.9M
Rural/Urban
Urban
Congressional District
TX-13

Loan Use Breakdown

Payroll
$473,895
Rent
$32,400
Health Care
$110,235

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Pacific Premier Bank

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