PPP Loan information for Desco foods, inc.

$94,000

Desco foods, inc. was initially approved for PPP Loan of amount $94,000, the current approved amount is $94,000. The loan was approved on 04/08/2020 by The Central State Bank reported 34 jobs and $94,000 was used to fund payroll.

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

PPP Loan Search / IA / AMES / Desco foods, inc.

DESCO FOODS, INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DESCO FOODS, INC.

Borrower Address

2715 Northridge Parkway

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010-4097

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94000.00

Current Approval Amount

94000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25502

Servicing Lender Name

Central State Bank

Servicing Lender Address

109 W Main St

Servicing Lender City

STATE CENTER

Servicing Lender State

IA

Servicing Lender Zip

50247-7769

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50010-4097

CD

IA-04

Jobs Reported

34

NAICS Code

624210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

94000.00

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

25502

Originating Lender

Central State Bank

Originating Lender City

STATE CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

94694.56

Forgiveness Date

01/07/2021

;