# PPP loan: THE DAVIS MERCHANDISING GROUP INC
> **$555K** approved 04/14/2020 · Paid in Full · Loan `6561357100`
## Borrower
- **Name:** THE DAVIS MERCHANDISING GROUP INC
- **Address:** 21851 Newland St 306, Huntington Beach, CA, 92646
- **NAICS:** 453998
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $555K
- **Initial approval:** $555K
- **Forgiven:** $561K (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $555K
- **Jobs reported:** 75
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Customers Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*