Davco Security Systems Inc.

$482,500 PPP Loan in Saugus, Massachusetts

Loan Details

Loan Number
1681288406
Date Approved
Feb 2, 2021
Loan Status
Paid in Full
Initial Approval
$482,500
Current Approval
$482,500
Forgiveness Amount
$486,708
Forgiveness Date
Dec 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Davco Security Systems Inc.
Address
4 Webb Pl
City
Saugus
ZIP Code
01906-2327
Business Type
Sole Proprietorship
Industry (NAICS)
Manufacturing (335999)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.9M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$482,497
Utilities
$1

Lender Information

Servicing Lender
Salem Five Cents Savings Bank
Originating Lender
Salem Five Cents Savings Bank

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