Drakes Service Center INC

$367,625 PPP Loan in Madisonville, Texas

Loan Details

Loan Number
9010948409
Date Approved
Feb 14, 2021
Loan Status
Paid in Full
Initial Approval
$367,625
Current Approval
$367,625
Forgiveness Amount
$369,146
Forgiveness Date
Jul 26, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Drakes Service Center INC
Address
2303 E Main St
State
Texas
ZIP Code
77864-2221
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811198)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$5.9M
Rural/Urban
Rural
Congressional District
TX-08

Loan Use Breakdown

Payroll
$367,621
Utilities
$1

Lender Information

Servicing Lender
Prosperity Bank
Originating Lender
Prosperity Bank

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