# PPP loan: DRAKE STONE PRODUCTS, INC.
> **$263K** approved 04/28/2020 · Paid in Full · Loan `7867757208`
## Borrower
- **Name:** DRAKE STONE PRODUCTS, INC.
- **Address:** 1290 W Cliff Rose Road, PRESCOTT, AZ, 86304
- **NAICS:** 212319
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Jobs reported:** 22
## Lender
- **Originating:** Pinnacle Bank, A Division of
- **Servicing:** Bank of Colorado (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*