Drake Automotive Group, LLC

$2,080,050 PPP Loan in Henderson, Nevada

Loan Details

Loan Number
6323167107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$2,080,050
Current Approval
$2,080,050
Forgiveness Amount
$2,103,945
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Drake Automotive Group, LLC
Address
130 Cassia Way 0.0
State
Nevada
ZIP Code
89014-6408
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423120)
Business Age
Existing or more than 2 years old
Jobs Reported
157
Estimated Revenue
$48.1M
Rural/Urban
Urban
Congressional District
NV-01

Loan Use Breakdown

Payroll
$1,657,567
Rent
$250,000
Utilities
$50,000
Health Care
$122,483

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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