# PPP loan: DRAIN MEDIC, INC.
> **$223K** approved 05/03/2020 · Paid in Full · Loan `1045747405`
## Borrower
- **Name:** DRAIN MEDIC, INC.
- **Address:** 7622 NORTH AVE, LEMON GROVE, CA, 91945-1628
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Utilities:** $56K
- **Jobs reported:** 13
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*