# PPP loan: DRUM-LINE INC.
> **$589K** approved 01/30/2021 · Paid in Full · Loan `8858658310`
## Borrower
- **Name:** DRUM-LINE INC.
- **Address:** 2114 S Main St, Stuttgart, AR, 72160-6722
- **NAICS:** 322230
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $589K
- **Initial approval:** $589K
- **Forgiven:** $595K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $589K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** The Farmers & Merchants Bank
- **Servicing:** The Farmers & Merchants Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*