PPP Loan information for Davco technologies, inc

$248,426

Davco technologies, inc was initially approved for PPP Loan of amount $248,426, the current approved amount is $248,426. The loan was approved on 04/27/2020 by The Security State Bank of Marine reported 18 jobs and $248,426 was used to fund payroll.

Davco technologies, inc is Existing or more than 2 years old

DAVCO TECHNOLOGIES, INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DAVCO TECHNOLOGIES, INC

Borrower Address

21450 FOREST BLVD N

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-2625

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

248426.40

Current Approval Amount

248426.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38364

Servicing Lender Name

Security State Bank of Marine

Servicing Lender Address

120 Judd St

Servicing Lender City

MARINE ON SAINT CROIX

Servicing Lender State

MN

Servicing Lender Zip

55047-8662

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-2625

CD

MN-08

Jobs Reported

18

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

248426.40

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

Subchapter S Corporation

Originating Lender Location Id

38364

Originating Lender

Security State Bank of Marine

Originating Lender City

MARINE ON SAINT CROIX

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

250255.09

Forgiveness Date

01/20/2021

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