# PPP loan: DAVIS-FROST INC.
> **$617K** approved 02/09/2021 · Paid in Full · Loan `5765238408`
## Borrower
- **Name:** DAVIS-FROST INC.
- **Address:** 3416 Candlers Mountain Rd, Lynchburg, VA, 24502-2214
- **NAICS:** 325510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $617K
- **Initial approval:** $617K
- **Forgiven:** $624K (101%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $617K
- **Utilities:** $1
- **Jobs reported:** 70
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **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*