# PPP loan: DAVCO ELECTRICAL CONTRACTORS C
> **$1.70M** approved 04/09/2020 · Paid in Full · Loan `8883817000`
## Borrower
- **Name:** DAVCO ELECTRICAL CONTRACTORS C
- **Address:** 4885 Park Ridge Blvd, BOYNTON BEACH, FL, 33426-8316
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.70M
- **Initial approval:** $1.70M
- **Forgiven:** $1.72M (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.70M
- **Jobs reported:** 145
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*