Davis & Associates Inc. Employee Stock Ownership Plan & Trus

$725,000 PPP Loan in Eden Prairie, Minnesota

Loan Details

Loan Number
7531567010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$725,000
Current Approval
$725,000
Forgiveness Amount
$729,960
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Davis & Associates Inc. Employee Stock Ownership Plan & Trus
Address
6446 Flying Cloud Dr
ZIP Code
55344-3308
Business Type
Trust
Industry (NAICS)
Wholesale Trade (425120)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$699,000
Rent
$24,000
Utilities
$2,000

Lender Information

Servicing Lender
Bridgewater Bank
Originating Lender
Bridgewater Bank

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