# PPP loan: DRAKE DAIRY INC
> **$353K** approved 04/10/2020 · Paid in Full · Loan `1213367104`
## Borrower
- **Name:** DRAKE DAIRY INC
- **Address:** N8870 DRAKE CT, ELKHART LAKE, WI, 53020-1408
- **NAICS:** 112120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $353K
- **Initial approval:** $353K
- **Forgiven:** $355K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $283K
- **Rent:** $35K
- **Utilities:** $35K
- **Jobs reported:** 38
## Lender
- **Originating:** Compeer Financial, ACA
- **Servicing:** Compeer Financial, ACA (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*