# PPP loan: DRIFTWOOD COVE, LLC
> **$472K** approved 07/28/2020 · Paid in Full · Loan `9370948108`
## Borrower
- **Name:** DRIFTWOOD COVE, LLC
- **Address:** 1200 Route 109, CAPE MAY, NJ, 08204-5207
- **NAICS:** 722410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $472K
- **Initial approval:** $472K
- **Forgiven:** $475K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $472K
- **Jobs reported:** 65
## Lender
- **Originating:** Parke Bank
- **Servicing:** Parke Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*