# PPP loan: DRAKE'S SERVICE CENTER, INC
> **$368K** approved 04/28/2020 · Paid in Full · Loan `9653537205`
## Borrower
- **Name:** DRAKE'S SERVICE CENTER, INC
- **Address:** 2303 East Main Street, Madisonville, TX, 77864-2221
- **NAICS:** 811198
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $370K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $368K
- **Jobs reported:** 30
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*