# PPP loan: BOYCE AND DRAKE CO INC
> **$157K** approved 01/22/2021 · Paid in Full · Loan `3690688300`
## Borrower
- **Name:** BOYCE AND DRAKE CO INC
- **Address:** 74 Warren St Ste 2, Saratoga Springs, NY, 12866-2574
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (100%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $157K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** The Adirondack Trust Company
- **Servicing:** The Adirondack Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*