# PPP loan: DAVIDSON'S FABRICATING INC.
> **$224K** approved 04/15/2020 · Paid in Full · Loan `1121667201`
## Borrower
- **Name:** DAVIDSON'S FABRICATING INC.
- **Address:** 511 Abbott Drive, Broomall, PA, 19008
- **NAICS:** 332322
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Health care:** $26K
- **Jobs reported:** 18
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*