Drake Enterprises, Inc.

$1,268,600 PPP Loan in Clinton Township, Michigan

Loan Details

Loan Number
9046867001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,268,600
Current Approval
$1,268,600
Forgiveness Amount
$1,277,949
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Drake Enterprises, Inc.
Address
24800 Capital Blvd
ZIP Code
48036-1351
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336350)
Business Age
Existing or more than 2 years old
Jobs Reported
109
Estimated Revenue
$28.5M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$1,268,600

Lender Information

Servicing Lender
Cibc Bank USA
Originating Lender
Cibc Bank USA

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