# PPP loan: DAVIS TOWING HOLDINGS LLC
> **$253K** approved 04/13/2020 · Paid in Full · Loan `5459157109`
## Borrower
- **Name:** DAVIS TOWING HOLDINGS LLC
- **Address:** 709 W  1ST ST, RUSHVILLE, IN, 46173-1708
- **NAICS:** 488410
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Rent:** $10K
- **Utilities:** $7K
- **Jobs reported:** 31
## Lender
- **Originating:** Citizens State Bank of New Castle
- **Servicing:** Citizens State Bank of New Castle (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*