# PPP loan: DROP PAYROLL, LLC
> **$163K** approved 04/04/2020 · Paid in Full · Loan `4612987005`
## Borrower
- **Name:** DROP PAYROLL, LLC
- **Address:** 1709 WHIPPLE DR, BLACKSBURG, VA, 24060-2420
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 45
## Lender
- **Originating:** The First Bank and Trust Company
- **Servicing:** The First Bank and Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*