PPP Loan information for Desco associates inc

$65,100

Desco associates inc was initially approved for PPP Loan of amount $65,100, the current approved amount is $65,100. The loan was approved on 04/27/2020 by The Cambridge Savings Bank reported 7 jobs and $65,100 was used to fund payroll.

Desco associates inc is Existing or more than 2 years old

PPP Loan Search / MA / BELMONT / Desco associates inc

DESCO ASSOCIATES INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DESCO ASSOCIATES INC

Borrower Address

38 LEXINGTON ST Ste F

Borrower City

BELMONT

Borrower State

MA

Borrower Zip

02478-5009

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65100.00

Current Approval Amount

65100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELMONT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02478-5009

CD

MA-05

Jobs Reported

7

NAICS Code

531312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

65100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65638.64

Forgiveness Date

02/26/2021

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