# PPP loan: DAVIS & ASSOCIATES INC EMPLOYEES STOCK OWNERSHIP PLAN
> **$725K** approved 02/06/2021 · Paid in Full · Loan `4520798409`
## Borrower
- **Name:** DAVIS & ASSOCIATES INC EMPLOYEES STOCK OWNERSHIP PLAN
- **Address:** 6446 Flying Cloud Dr, Eden Prairie, MN, 55344-3330
- **NAICS:** 423610
- **Business type:** Trust
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $725K
- **Initial approval:** $725K
- **Forgiven:** $731K (101%)
- **Forgiveness date:** 12/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $725K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Bridgewater Bank
- **Servicing:** Bridgewater Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*