# PPP loan: DRAXLER TRANSPORT, INC.
> **$849K** approved 04/07/2020 · Exemption 4 · Loan `6671777000`
## Borrower
- **Name:** DRAXLER TRANSPORT, INC.
- **Address:** 3800 S DRAXLER DR, MARSHFIELD, WI, 54449-8602
- **NAICS:** 484230
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $849K
- **Initial approval:** $849K
- **Forgiven:** $536K (63%)
- **Forgiveness date:** 02/10/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $849K
- **Jobs reported:** 48
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*