# PPP loan: DAVCO MECHANICAL CONTRACTORS, INC.
> **$572K** approved 04/10/2020 · Paid in Full · Loan `2055797102`
## Borrower
- **Name:** DAVCO MECHANICAL CONTRACTORS, INC.
- **Address:** 4248 E 96TH ST, SPERRY, OK, 74073-4693
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $572K
- **Initial approval:** $572K
- **Forgiven:** $207K (36%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $429K
- **Rent:** $143K
- **Jobs reported:** 63
## Lender
- **Originating:** First Bank of Owasso
- **Servicing:** First Bank of Owasso (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*