1ST DRIVE LLC (CO) - 2020 PPP Loan Borrower Profile (# 8064107202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST DRIVE LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Colorado.

Loan Detail

Loan Number

8064107202

SBA Office Code

0811

Processing Method

PPP

Curent Loan Amount

$26,725

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$26,943.25

Date Loan was Forgiven

Mar 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

26,725

Lender

DreamSpring

Business Detail

Business Type

Subchapter S Corporation

NAICS

611692

Borrower Location

Colorado Springs, CO

Project Location

Colorado Springs, CO

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.