# PPP loan: DROPHOUSE DESIGN LLC
> **$189K** approved 04/05/2020 · Paid in Full · Loan `5235437002`
## Borrower
- **Name:** DROPHOUSE DESIGN LLC
- **Address:** 444 E Saint Elmo Rd Suite A-2, AUSTIN, TX, 78745-1235
- **NAICS:** 238390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Rent:** $47K
- **Jobs reported:** 18
## Lender
- **Originating:** American Bank of Commerce
- **Servicing:** American Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*