Davis Electric Company INC

$401,100 PPP Loan in Fairmont, West Virginia

Loan Details

Loan Number
3326668603
Date Approved
Mar 16, 2021
Loan Status
Paid in Full
Initial Approval
$401,100
Current Approval
$401,100
Forgiveness Amount
$403,852
Forgiveness Date
Dec 1, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Davis Electric Company INC
Address
309 Mound Ave
ZIP Code
26554-3312
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$8.6M
Rural/Urban
Rural
Congressional District
WV-02

Loan Use Breakdown

Payroll
$401,096
Utilities
$1

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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