As part of the Paycheck Protection Program RICHARD DRAKE CONSTRUCTION COMPANY LP was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

RICHARD DRAKE CONSTRUCTION COMPANY LP


Loan Amount	$1,061,300
BusinessName	RICHARD DRAKE CONSTRUCTION COMPANY LP
Address	6290 Hwy 271 N
City	POWDERLY
State	TX
Zip	75473
NAICSCode	237310
BusinessType	Partnership
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	87
DateApproved	04/04/2020
Lender	The Liberty National Bank in Paris
CD	TX-04
BusinessName.clean	RICHARD DRAKE CONSTRUCTION COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

RICHARD E PIERSON CONSTRUCTION CO
RICHARD E PIERSON MATERIALS CORP
RICHARD FLEISCHMAN AND ASSOCIATES
RICHARD G ANDERSON
RICHARD G JENNINGS III ENTERPRISES