Drc, Inc.

$41,000 PPP Loan in Minnetonka, Minnesota

Loan Details

Loan Number
7177817009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$41,000
Current Approval
$41,000
Forgiveness Amount
$41,261
Forgiveness Date
Dec 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Drc, Inc.
Address
4880 Clear Spring Rd
ZIP Code
55345-3307
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$33,000
Rent
$3,000
Utilities
$1,000
Health Care
$2,000
Mortgage Interest
$2,000

Lender Information

Servicing Lender
Perennial Bank
Originating Lender
Perennial Bank

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