# PPP loan: DRAKE EXTRUSION, INC.
> **$2.05M** approved 04/14/2020 · Paid in Full · Loan `6507207100`
## Borrower
- **Name:** DRAKE EXTRUSION, INC.
- **Address:** 790 INDUSTRIAL PARK RD, RIDGEWAY, VA, 24148-4449
- **NAICS:** 325220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.05M
- **Initial approval:** $2.05M
- **Forgiven:** $2.08M (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.05M
- **Jobs reported:** 195
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*