# PPP loan: DRAFTCO INC
> **$522K** approved 04/09/2020 · Paid in Full · Loan `1061797104`
## Borrower
- **Name:** DRAFTCO INC
- **Address:** 80 JOHNSON DR, STUARTS DRAFT, VA, 24477-3199
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $522K
- **Initial approval:** $522K
- **Forgiven:** $529K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $522K
- **Jobs reported:** 37
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*