# PPP loan: DRAPER, INC.
> **$10.00M** approved 04/05/2020 · Paid in Full · Loan `5510927002`
## Borrower
- **Name:** DRAPER, INC.
- **Address:** 411 PEARL ST, SPICELAND, IN, 47385-9637
- **NAICS:** 337920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $10.00M
- **Initial approval:** $10.00M
- **Forgiven:** $10.09M (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $10.00M
- **Jobs reported:** 500
## Lender
- **Originating:** Citizens State Bank of New Castle
- **Servicing:** Citizens State Bank of New Castle (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*