# PPP loan: DAVIS MEDICAL ELECTRONIC, INC
> **$230K** approved 04/14/2020 · Paid in Full · Loan `6356507109`
## Borrower
- **Name:** DAVIS MEDICAL ELECTRONIC, INC
- **Address:** 2441 CADES WAY #200, VISTA, CA, 92081-7884
- **NAICS:** 423450
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $233K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $192K
- **Rent:** $24K
- **Utilities:** $2K
- **Health care:** $12K
- **Jobs reported:** 13
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*