# PPP loan: DAVIS MOTOR CRANE SERVICE INC
> **$2.81M** approved 04/07/2020 · Paid in Full · Loan `6859307001`
## Borrower
- **Name:** DAVIS MOTOR CRANE SERVICE INC
- **Address:** 1212 N Loop 12, IRVING, TX, 75061-5615
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.81M
- **Initial approval:** $2.81M
- **Forgiven:** $2.85M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.11M
- **Utilities:** $33K
- **Health care:** $670K
- **Jobs reported:** 127
## Lender
- **Originating:** Texas Security Bank
- **Servicing:** Texas Security Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*