# PPP loan: DRAKE ENTERPRISES OF LINCOLNTON NC
> **$623K** approved 04/10/2020 · Paid in Full · Loan `2343237103`
## Borrower
- **Name:** DRAKE ENTERPRISES OF LINCOLNTON NC
- **Address:** 109 Northpark Ln, LINCOLNTON, NC, 28092-7121
- **NAICS:** 484121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $623K
- **Initial approval:** $623K
- **Forgiven:** $628K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $623K
- **Jobs reported:** 66
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*