# PPP loan: DAVID MCDERMOTT OF NEW HAVEN INC
> **$740K** approved 04/15/2020 · Paid in Full · Loan `8501887103`
## Borrower
- **Name:** DAVID MCDERMOTT OF NEW HAVEN INC
- **Address:** 655 Main Street, EAST HAVEN, CT, 06512
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $740K
- **Initial approval:** $740K
- **Forgiven:** $748K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $740K
- **Jobs reported:** 60
## Lender
- **Originating:** Toyota Financial Savings Bank
- **Servicing:** Toyota Financial Savings Bank (NV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*