Davis Gate and Wire Manufacturing, INC

$547,332 PPP Loan in Russell Springs, Kentucky

Loan Details

Loan Number
5124177004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$547,332
Current Approval
$547,332
Forgiveness Amount
$553,824
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Davis Gate and Wire Manufacturing, INC
Address
4845 N Hwy 127
ZIP Code
42642
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332618)
Business Age
Existing or more than 2 years old
Jobs Reported
73
Estimated Revenue
$17.8M
Rural/Urban
Rural
Congressional District
KY-01

Loan Use Breakdown

Payroll
$410,499
Utilities
$45,000
Health Care
$70,000
Mortgage Interest
$21,833

Lender Information

Servicing Lender
The First National Bank of Russell Springs
Originating Lender
The First National Bank of Russell Springs

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