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Davis Electric, Inc.

$864,770 PPP Loan in Cimarron, Kansas

Loan Details

Loan Number
8771157009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$864,770
Current Approval
$864,770
Forgiveness Amount
$870,487
Forgiveness Date
Dec 14, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Davis Electric, Inc.
Address
600 W Avenue a
City
Cimarron
State
Kansas
ZIP Code
67835
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$19.4M
Rural/Urban
Rural
Congressional District
KS-01

Loan Use Breakdown

Payroll
$649,770
Rent
$50,000
Utilities
$115,000
Mortgage Interest
$50,000

Lender Information

Servicing Lender
First National Bank in Cimarron
Originating Lender
First National Bank in Cimarron

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