# PPP loan: DRAKE DINER, LLC
> **$269K** approved 04/07/2020 · Paid in Full · Loan `7073187005`
## Borrower
- **Name:** DRAKE DINER, LLC
- **Address:** 1111 25th St., DES MOINES, IA, 50311-4207
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $269K
- **Initial approval:** $269K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $215K
- **Utilities:** $27K
- **Health care:** $27K
- **Jobs reported:** 33
## Lender
- **Originating:** Lincoln Savings Bank
- **Servicing:** Lincoln Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*