# PPP loan: DRIFTWOOD ACQUISITION & DEVELOPMENT L.P.
> **$698K** approved 06/30/2021 · Paid in Full · Loan `1181079108`
## Borrower
- **Name:** DRIFTWOOD ACQUISITION & DEVELOPMENT L.P.
- **Address:** 255 Alhambra Cir Ste 760, Coral Gables, FL, 33134-5104
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $698K
- **Initial approval:** $698K
- **Forgiven:** $700K (100%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $698K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*