# PPP loan: DAVIS THREE INC
> **$243K** approved 01/19/2021 · Exemption 4 · Loan `1812848300`
## Borrower
- **Name:** DAVIS THREE INC
- **Address:** 739 E Willamette Ave., COLORADO SPRINGS, CO, 80907
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $163K (67%)
- **Forgiveness date:** 01/06/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $243K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** 5Star Bank
- **Servicing:** 5Star Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*