# PPP loan: DAVCO HOMES, INC.
> **$843K** approved 04/14/2020 · Paid in Full · Loan `5997647100`
## Borrower
- **Name:** DAVCO HOMES, INC.
- **Address:** 7 WOODFORD AVE, OWENSBORO, KY, 42301-0563
- **NAICS:** 623110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $843K
- **Initial approval:** $843K
- **Forgiven:** $850K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $843K
- **Jobs reported:** 183
## Lender
- **Originating:** Independence Bank of Kentucky
- **Servicing:** Independence Bank of Kentucky (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*