# PPP loan: DRAKE CONSTRUCTION, INC.
> **$806K** approved 04/10/2020 · Paid in Full · Loan `2248557107`
## Borrower
- **Name:** DRAKE CONSTRUCTION, INC.
- **Address:** P.O. Box 338, KOTZEBUE, AK, 99752
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $806K
- **Initial approval:** $806K
- **Forgiven:** $812K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $806K
- **Jobs reported:** 45
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*