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
- City
- Clinton Township
- State
- Michigan
- 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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| Business | Approved | |
|---|---|---|
| Macomb Oakland Regional Center, INC | $5,747,500 | |
| Complete Prototype Services, I | $3,152,400 | |
| Cmg Health Management Services, LLC | $2,810,200 | |
| Mount Elliott Cemetery Association | $2,233,540 | |
| Complete Prototype Services INC | $2,000,000 |
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