# PPP loan: HUBBARD AND DRAKE GENERAL MECH CONTRACTORS, INC.
> **$1.23M** approved 04/05/2020 · Paid in Full · Loan `5254157007`
## Borrower
- **Name:** HUBBARD AND DRAKE GENERAL MECH CONTRACTORS, INC.
- **Address:** 1002 5th Ave SE, DECATUR, AL, 35601-2923
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Rent:** $16K
- **Utilities:** $6K
- **Debt interest:** $8K
- **Jobs reported:** 136
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*