DRONE RACING LEAGUE, INC.

Company Details

Name:	DRONE RACING LEAGUE, INC.
Jurisdiction:	New York
Legal type:	FOREIGN DESIGNATION OF THE SECRETARY OF STATE
Status:	Recorded
Date of registration:	12 Jun 2018 (7 years ago)
Date of dissolution:	12 Jun 2018
Entity Number:	5357476
County:	Blank
Place of Formation:	Delaware

Loan Number

Loan Funded Date

SBA Origination Office Code

Loan Delivery Method

Borrower Street Address

9575178400

2021-02-17

0202

PPS

40 W 27th St Fl 8, New York, NY, 10001-6908

Loan Status Date	2021-12-21
Loan Status	Paid in Full
Loan Maturity in Months	60
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	2000000
Loan Approval Amount (current)	2000000
Undisbursed Amount	0
Franchise Name	-
Lender Location ID	51009
Servicing Lender Name	First-Citizens Bank & Trust Company
Servicing Lender Address	100 E. Tryon Rd DAC - 90, Raleigh, NC, 27603-3581
Rural or Urban Indicator	U
Hubzone	N
LMI	N
Business Age Description	Existing or more than 2 years old
Project Address	New York, NEW YORK, NY, 10001-6908
Project Congressional District	NY-12
Number of Employees	51
NAICS code	334210
Borrower Race	Unanswered
Borrower Ethnicity	Unknown/NotStated
Business Type	Corporation
Originating Lender ID	14569
Originating Lender Name	Silicon Valley Bridge Bank NA
Originating Lender Address	SANTA CLARA, CA
Gender	Unanswered
Veteran	Unanswered
Forgiveness Amount	2015944.44
Forgiveness Paid Date	2021-12-08

2270087409

2020-05-05

0202

PPP

40 West 27th Street, New York, NY, 10001

Loan Status Date	2021-11-20
Loan Status	Paid in Full
Loan Maturity in Months	24
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	1856050
Loan Approval Amount (current)	1856050
Undisbursed Amount	0
Franchise Name	-
Lender Location ID	223542
Servicing Lender Name	Celtic Bank Corporation
Servicing Lender Address	268 S State St, Ste 300, SALT LAKE CITY, UT, 84111-5314
Rural or Urban Indicator	U
Hubzone	N
LMI	N
Business Age Description	Existing or more than 2 years old
Project Address	New York, NEW YORK, NY, 10001-0001
Project Congressional District	NY-12
Number of Employees	89
NAICS code	812990
Borrower Race	Unanswered
Borrower Ethnicity	Unknown/NotStated
Business Type	Corporation
Originating Lender ID	223542
Originating Lender Name	Celtic Bank Corporation
Originating Lender Address	SALT LAKE CITY, UT
Gender	Unanswered
Veteran	Unanswered
Forgiveness Amount	1883356.82
Forgiveness Paid Date	2021-10-26

Docket Number

Nature of Suit

Filing Date

Disposition

1910797

Other Contract Actions

2019-11-21

default

Parties

1804093

Trademark

2018-05-07

settled

Circuit	Second Circuit
Origin	original proceeding
Jurisdiction	federal question
Jury Demand	Both plaintiff and defendant demand jury
Demanded Amount	0
Termination Class Action	Missing
Procedural Progress	pretrial conference held
Nature Of Judgment	no monetary award
Judgement	missing
Arbitration On Termination	Missing
Office	1
Filing Date	2018-05-07
Termination Date	2019-03-11
Date Issue Joined	2018-12-28
Pretrial Conference Date	2018-09-14
Section	1114
Status	Terminated

Parties

Date of last update: 23 Mar 2025