PPP Loan information for David insurance, inc

$534,620

David insurance, inc was initially approved for PPP Loan of amount $534,620, the current approved amount is $534,620. The loan was approved on 04/07/2020 by The The Port Washington State Bank reported 36 jobs and $534,620 was used to fund payroll.

David insurance, inc is Existing or more than 2 years old

DAVID INSURANCE, INC

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

DAVID INSURANCE, INC

Borrower Address

1300 S. Green Bay Rd.

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53406-4406

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

534620.00

Current Approval Amount

534620.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76676

Servicing Lender Name

The Port Washington State Bank

Servicing Lender Address

206 N Franklin St

Servicing Lender City

PORT WASHINGTON

Servicing Lender State

WI

Servicing Lender Zip

53074-1903

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53406-4406

CD

WI-01

Jobs Reported

36

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

534620.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

76676

Originating Lender

The Port Washington State Bank

Originating Lender City

PORT WASHINGTON

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

537931.67

Forgiveness Date

11/25/2020

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