# PPP loan: DAVCO ADVERTISING INC
> **$459K** approved 04/11/2020 · Paid in Full · Loan `2613807109`
## Borrower
- **Name:** DAVCO ADVERTISING INC
- **Address:** 89 N Kinzer Road, Kinzers, PA, 17535-9708
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $459K
- **Initial approval:** $459K
- **Forgiven:** $464K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $345K
- **Rent:** $38K
- **Mortgage interest:** $38K
- **Utilities:** $38K
- **Jobs reported:** 31
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*