# PPP loan: DAVIDSON ELECTRIC CO INC
> **$956K** approved 04/28/2020 · Paid in Full · Loan `8636747202`
## Borrower
- **Name:** DAVIDSON ELECTRIC CO INC
- **Address:** 4051 FM 528 RD, ALVIN, TX, 77511
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $956K
- **Initial approval:** $956K
- **Forgiven:** $963K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $956K
- **Jobs reported:** 76
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*