# PPP loan: DRASC INC
> **$607K** approved 04/14/2020 · Paid in Full · Loan `7115587104`
## Borrower
- **Name:** DRASC INC
- **Address:** 1083 Ragersville Rd NW, SUGARCREEK, OH, 44681-7988
- **NAICS:** 484220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $607K
- **Initial approval:** $607K
- **Forgiven:** $615K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $558K
- **Rent:** $21K
- **Utilities:** $5K
- **Health care:** $23K
- **Jobs reported:** 46
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*