PPP Loan information for Desco electronics, inc.

$38,095

Desco electronics, inc. was initially approved for PPP Loan of amount $38,095, the current approved amount is $38,095. The loan was approved on 05/01/2020 by The Customers Bank reported 5 jobs and $38,095 was used to fund payroll.

Desco electronics, inc. is Existing or more than 2 years old

PPP Loan Search / MA / Plainville / Desco electronics, inc.

DESCO ELECTRONICS, INC.

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DESCO ELECTRONICS, INC.

Borrower Address

36 Bacon Square

Borrower City

Plainville

Borrower State

MA

Borrower Zip

02762

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38095.00

Current Approval Amount

38095.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plainville

Project County Name

BRISTOL

Project State

MA

Project Zip

02762-0293

CD

MA-04

Jobs Reported

5

NAICS Code

334419

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38095.00

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

Subchapter S Corporation

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38625.20

Forgiveness Date

09/27/2021

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