PPP Loan information for Davico inc

$644,500

Davico inc was initially approved for PPP Loan of amount $644,500, the current approved amount is $644,500. The loan was approved on 04/04/2020 by The Bluestone Bank reported 38 jobs and $644,500 was used to fund payroll.

Davico inc is Existing or more than 2 years old

DAVICO INC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DAVICO INC

Borrower Address

95 Brook Street

Borrower City

NEW BEDFORD

Borrower State

MA

Borrower Zip

02746-1782

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

644500.00

Current Approval Amount

644500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32668

Servicing Lender Name

Bluestone Bank

Servicing Lender Address

756 Orchard St

Servicing Lender City

RAYNHAM

Servicing Lender State

MA

Servicing Lender Zip

02767-1028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW BEDFORD

Project County Name

BRISTOL

Project State

MA

Project Zip

02746-1782

CD

MA-09

Jobs Reported

38

NAICS Code

336390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

644500.00

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

Corporation

Originating Lender Location Id

32668

Originating Lender

Bluestone Bank

Originating Lender City

RAYNHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

650574.19

Forgiveness Date

03/25/2021

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