Drake Enterprises Inc.

$1,268,600 PPP Loan in Clinton Township, Michigan

Loan Details

Loan Number
6822708300
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$1,268,600
Current Approval
$1,268,600
Forgiveness Amount
$1,285,005
Forgiveness Date
May 24, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Drake Enterprises Inc.
Address
24800 Capital Blvd
ZIP Code
48036-1351
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336350)
Business Age
Existing or more than 2 years old
Jobs Reported
113
Estimated Revenue
$29.6M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$1,268,598
Utilities
$1

Lender Information

Servicing Lender
Cibc Bank USA
Originating Lender
Cibc Bank USA

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