# PPP loan: DRAKE CONTROLS LLC
> **$579K** approved 03/15/2021 · Paid in Full · Loan `2712178602`
## Borrower
- **Name:** DRAKE CONTROLS LLC
- **Address:** 8731 Fallbrook Dr, Houston, TX, 77064-3322
- **NAICS:** 333132
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $579K
- **Initial approval:** $579K
- **Forgiven:** $583K (101%)
- **Forgiveness date:** 12/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $579K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** American Bank, National Association
- **Servicing:** American Bank, National Association (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*