# PPP loan: DRAKE CONSTRUCTION AND DEVELOPMENT
> **$169K** approved 05/01/2020 · Paid in Full · Loan `1900337707`
## Borrower
- **Name:** DRAKE CONSTRUCTION AND DEVELOPMENT
- **Address:** 13949 VENTURA BLVD STE 312, SHERMAN OAKS, CA, 91423
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Jobs reported:** 130
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*