# PPP loan: DAVIDSON FORD, INC.
> **$395K** approved 04/14/2020 · Paid in Full · Loan `7438617105`
## Borrower
- **Name:** DAVIDSON FORD, INC.
- **Address:** 18621 US RT 11, WATERTOWN, NY, 13601
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Mortgage interest:** $49K
- **Utilities:** $49K
- **Jobs reported:** 38
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*