PPP Loan information for Davis electric, inc.

$864,770

Davis electric, inc. was initially approved for PPP Loan of amount $864,770, the current approved amount is $864,770. The loan was approved on 04/08/2020 by The First National Bank in Cimarron reported 59 jobs and $864,770 was used to fund payroll.

Davis electric, inc. is Existing or more than 2 years old

PPP Loan Search / KS / Cimarron / Davis electric, inc.

DAVIS ELECTRIC, INC.

Date Approved

04/08/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

DAVIS ELECTRIC, INC.

Borrower Address

600 W Avenue A

Borrower City

Cimarron

Borrower State

KS

Borrower Zip

67835

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

864770.00

Current Approval Amount

864770.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25758

Servicing Lender Name

First National Bank in Cimarron

Servicing Lender Address

121 N Main St

Servicing Lender City

CIMARRON

Servicing Lender State

KS

Servicing Lender Zip

67835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cimarron

Project County Name

GRAY

Project State

KS

Project Zip

67835-0001

CD

KS-01

Jobs Reported

59

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

115000.00

Payroll Proceed

649770.00

Mortgage Interest Proceed

50000.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25758

Originating Lender

First National Bank in Cimarron

Originating Lender City

CIMARRON

Originating Lender State

KS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

870487.09

Forgiveness Date

12/14/2020

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