PPP Loan information for Desco coatings llc

$991,338

Desco coatings llc was initially approved for PPP Loan of amount $991,338, the current approved amount is $991,338. The loan was approved on 04/08/2020 by The Carrollton Bank reported 42 jobs and $991,338 was used to fund payroll.

Desco coatings llc is Existing or more than 2 years old

DESCO COATINGS LLC

Date Approved

04/08/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

DESCO COATINGS LLC

Borrower Address

19890 W 156TH STREET

Borrower City

OLATHE

Borrower State

KS

Borrower Zip

66062-3500

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

991337.50

Current Approval Amount

991337.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20425

Servicing Lender Name

Carrollton Bank

Servicing Lender Address

315 Sixth St

Servicing Lender City

CARROLLTON

Servicing Lender State

IL

Servicing Lender Zip

62016-1247

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLATHE

Project County Name

JOHNSON

Project State

KS

Project Zip

66062-3500

CD

KS-03

Jobs Reported

42

NAICS Code

238330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

743503.13

Mortgage Interest Proceed

0.00

Rent Proceed

247834.37

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

20425

Originating Lender

Carrollton Bank

Originating Lender City

CARROLLTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

997891.34

Forgiveness Date

12/09/2020

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