PPP Loan information for Derco associates, inc

$346,667

Derco associates, inc was initially approved for PPP Loan of amount $346,667, the current approved amount is $346,667. The loan was approved on 04/10/2020 by The BMO Harris Bank National Association reported 21 jobs and $346,667 was used to fund payroll.

Derco associates, inc is Existing or more than 2 years old

DERCO ASSOCIATES, INC

Date Approved

04/10/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

DERCO ASSOCIATES, INC

Borrower Address

2670 W SHAW LN

Borrower City

FRESNO

Borrower State

CA

Borrower Zip

93711-2767

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

346667.00

Current Approval Amount

346667.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRESNO

Project County Name

FRESNO

Project State

CA

Project Zip

93711-2767

CD

CA-05

Jobs Reported

21

NAICS Code

424450

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

346667.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

348775.89

Forgiveness Date

11/27/2020

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