PPP Loan information for Davco development corporation

$839,800

Davco development corporation was initially approved for PPP Loan of amount $839,800, the current approved amount is $839,800. The loan was approved on 04/14/2020 by The National Exchange Bank and Trust reported 24 jobs and $839,800 was used to fund payroll.

Davco development corporation is Existing or more than 2 years old

DAVCO DEVELOPMENT CORPORATION

Date Approved

04/14/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

DAVCO DEVELOPMENT CORPORATION

Borrower Address

1326 POPLAR DR

Borrower City

WAUKESHA

Borrower State

WI

Borrower Zip

53188-5961

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

839800.00

Current Approval Amount

839800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75818

Servicing Lender Name

National Exchange Bank and Trust

Servicing Lender Address

130 S Main St

Servicing Lender City

FOND DU LAC

Servicing Lender State

WI

Servicing Lender Zip

54935-4210

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUKESHA

Project County Name

WAUKESHA

Project State

WI

Project Zip

53188-5961

CD

WI-05

Jobs Reported

24

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

823800.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2000

Business Type

Corporation

Originating Lender Location Id

75818

Originating Lender

National Exchange Bank and Trust

Originating Lender City

FOND DU LAC

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

848865.24

Forgiveness Date

05/21/2021

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