# PPP loan: DRIVE CAPITAL, LLC
> **$199K** approved 04/07/2020 · Paid in Full · Loan `6966027006`
## Borrower
- **Name:** DRIVE CAPITAL, LLC
- **Address:** 102 S. Main Street, PIGEON, MI, 48755-5105
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Rent:** $21K
- **Utilities:** $24K
- **Health care:** $2K
- **Debt interest:** $3K
- **Jobs reported:** 25
## Lender
- **Originating:** Thumb Bank & Trust
- **Servicing:** Thumb Bank & Trust (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*