# PPP loan: DAVIS MACHINE SHOP INC.
> **$207K** approved 04/10/2020 · Paid in Full · Loan `1462467100`
## Borrower
- **Name:** DAVIS MACHINE SHOP INC.
- **Address:** 901 Hwy 76N, LINDSAY, OK, 73052
- **NAICS:** 333515
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Rent:** $10K
- **Utilities:** $9K
- **Health care:** $32K
- **Jobs reported:** 14
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*