# PPP loan: DRANOFF PROPERTIES INC.
> **$289K** approved 01/26/2021 · Paid in Full · Loan `6235308304`
## Borrower
- **Name:** DRANOFF PROPERTIES INC.
- **Address:** 755 S Broad St, Philadelphia, PA, 19147-2571
- **NAICS:** 531390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $289K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*