# PPP loan: DRAGOO METAL WORKS, INC.
> **$392K** approved 04/08/2020 · Paid in Full · Loan `8542487010`
## Borrower
- **Name:** DRAGOO METAL WORKS, INC.
- **Address:** 7002 King Hill Ave, SAINT JOSEPH, MO, 64504-2310
- **NAICS:** 332322
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $211K
- **Forgiven:** $396K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $380K
- **Rent:** $9K
- **Utilities:** $3K
- **Jobs reported:** 18
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*