# PPP loan: DRAKE FARMS TRUCKING, INC.
> **$617K** approved 04/14/2020 · Paid in Full · Loan `5726857102`
## Borrower
- **Name:** DRAKE FARMS TRUCKING, INC.
- **Address:** 625 DALLAS DR #250, DENTON, TX, 76205-1200
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $617K
- **Initial approval:** $617K
- **Forgiven:** $623K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $474K
- **Rent:** $32K
- **Health care:** $110K
- **Jobs reported:** 44
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*