The Drake LLC
$68,000 PPP Loan in Burlington, Iowa
Loan Details
- Loan Number
- 7686967104
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $68,000
- Current Approval
- $68,000
- Forgiveness Amount
- $68,667
- Forgiveness Date
- Apr 6, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Drake LLC
- Address
- 400 North Main Street Po Box 965
- City
- Burlington
- State
- Iowa
- ZIP Code
- 52601
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Accommodation and Food Services (722513)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 32
- Estimated Revenue
- $5.7M
- Rural/Urban
- Urban
- Congressional District
- IA-01
Loan Use Breakdown
- Payroll
- $51,000
- Rent
- $4,250
- Utilities
- $4,250
- Health Care
- $4,250
- Mortgage Interest
- $4,250
Lender Information
- Servicing Lender
- Midwestone Bank
- Originating Lender
- Midwestone Bank
Other PPP Loans in Burlington, IA
| Business | Approved | |
|---|---|---|
| Winegard Company | $5,167,600 |  AI Deep Dive |
| Frank Millard & Co Inc. | $3,193,106 | AI Deep Dive |
| Community Health Centers of Southeastern Iowa, Inc. | $2,006,172 | AI Deep Dive |
| Huckleberry Entertainment LLC | $2,000,000 | AI Deep Dive |
| Brockway Mechanical and Roofing Company Inc. | $1,772,715 | AI Deep Dive |
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