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Drive Systems Technology Inc.

$136,400 PPP Loan in Salem, Wisconsin

Loan Details

Loan Number
6942427003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$136,400
Current Approval
$136,400
Forgiveness Amount
$137,783
Forgiveness Date
Apr 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Drive Systems Technology Inc.
Address
9158 Antioch Rd
City
Salem
State
Wisconsin
ZIP Code
53168-9344
Business Type
Corporation
Industry (NAICS)
Retail Trade (443142)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
WI-01

Loan Use Breakdown

Payroll
$127,407
Rent
$7,700
Utilities
$1,293

Lender Information

Servicing Lender
Community State Bank
Originating Lender
Community State Bank

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