Davis Machine Works of Opelika, Inc.

$320,787 PPP Loan in Opelika, Alabama

Loan Details

Loan Number
7386867009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$320,787
Current Approval
$320,787
Forgiveness Amount
$323,959
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Davis Machine Works of Opelika, Inc.
Address
1318 Lee Road 42
State
Alabama
ZIP Code
36804-2034
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$5.6M
Rural/Urban
Urban
Congressional District
AL-03

Loan Use Breakdown

Payroll
$240,590
Utilities
$40,098
Mortgage Interest
$40,099

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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