PPP borrower record

DRIVE SYSTEMS TECHNOLOGY INC. PPP loan record

Public SBA PPP loan record for DRIVE SYSTEMS TECHNOLOGY INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$136,400
Approved amount
$137,783
Forgiven amount
2020-04-07
Date approved

Borrower and loan details

Borrower
DRIVE SYSTEMS TECHNOLOGY INC.
Loan number
6942427003
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Salem
Borrower state
Wisconsin
Borrower ZIP
53168
Jobs reported
6
Loan status
Paid in Full
Forgiveness date
2021-04-20
Servicing lender
Community State Bank
Originating lender
Community State Bank

Reported use of proceeds

Payroll
$127,407
Rent
$7,700
Utilities
$1,293
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.