Davis Iron & Metal, Inc.

$279,900 PPP Loan in Fort Smith, Arkansas

Loan Details

Loan Number
5947117009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$279,900
Current Approval
$279,900
Forgiveness Amount
$281,786
Forgiveness Date
Dec 21, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Davis Iron & Metal, Inc.
Address
2610 Wheeler Avenue
ZIP Code
72903
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$9.8M
Rural/Urban
Urban
Congressional District
AR-03

Loan Use Breakdown

Payroll
$209,925
Rent
$23,325
Utilities
$23,325
Mortgage Interest
$23,325

Lender Information

Servicing Lender
The First National Bank of Fort Smith
Originating Lender
The First National Bank of Fort Smith

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