PPP Loan information for Davis & associates inc. employee stock ownership plan & trus

$725,000

Davis & associates inc. employee stock ownership plan & trus was initially approved for PPP Loan of amount $725,000, the current approved amount is $725,000. The loan was approved on 04/07/2020 by The Bridgewater Bank reported 32 jobs and $725,000 was used to fund payroll.

Davis & associates inc. employee stock ownership plan & trus is Existing or more than 2 years old

PPP Loan Search / MN / EDEN PRAIRIE / Davis & associates inc. employee stock ownership plan & trus

DAVIS & ASSOCIATES INC. EMPLOYEE STOCK OWNERSHIP PLAN & TRUS

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DAVIS & ASSOCIATES INC. EMPLOYEE STOCK OWNERSHIP PLAN & TRUS

Borrower Address

6446 FLYING CLOUD DR

Borrower City

EDEN PRAIRIE

Borrower State

MN

Borrower Zip

55344-3308

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

725000.00

Current Approval Amount

725000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436783

Servicing Lender Name

Bridgewater Bank

Servicing Lender Address

4450 Excelsior Blvd

Servicing Lender City

SAINT LOUIS PARK

Servicing Lender State

MN

Servicing Lender Zip

55416-5385

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDEN PRAIRIE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-3308

CD

MN-03

Jobs Reported

32

NAICS Code

425120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

699000.00

Mortgage Interest Proceed

0.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Trust

Originating Lender Location Id

436783

Originating Lender

Bridgewater Bank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

719877.67

Forgiveness Date

12/22/2020

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