# PPP loan: DAMICO CONTRACTING INC
> **$896K** approved 04/07/2020 · Paid in Full · Loan `7147787001`
## Borrower
- **Name:** DAMICO CONTRACTING INC
- **Address:** 3966 11 MILE RD, BERKLEY, MI, 48072-1005
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $896K
- **Initial approval:** $896K
- **Forgiven:** $904K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $896K
- **Jobs reported:** 53
## Lender
- **Originating:** Flagstar Bank National Association
- **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*