Drake Electric LLC

$20,800 PPP Loan in Blockton, Iowa

Loan Details

Loan Number
6061078709
Date Approved
Apr 3, 2021
Loan Status
Paid in Full
Initial Approval
$20,800
Current Approval
$20,800
Forgiveness Amount
$20,860
Forgiveness Date
Jul 21, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Drake Electric LLC
Address
1034 280th St
State
Iowa
ZIP Code
50836-8821
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$20,800

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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