# PPP loan: DAVID ENERGY SYSTEMS INC.
> **$207K** approved 02/25/2021 · Paid in Full · Loan `4034548507`
## Borrower
- **Name:** DAVID ENERGY SYSTEMS INC.
- **Address:** 417 Grand St Apt 1, Brooklyn, NY, 11211-4773
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $208K (100%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $207K
- **Jobs reported:** 13
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*