PPP Loan information for Desco steel corp

$192,800

Desco steel corp was initially approved for PPP Loan of amount $192,800, the current approved amount is $192,800. The loan was approved on 01/25/2021 by The Citizens Bank, National Association reported 11 jobs and $192,800 was used to fund payroll.

Desco steel corp is Existing or more than 2 years old

PPP Loan Search / PA / Malvern / Desco steel corp

DESCO STEEL CORP

Date Approved

01/25/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

DESCO STEEL CORP

Borrower Address

270 Lancaster Ave Ste G2

Borrower City

Malvern

Borrower State

PA

Borrower Zip

19355-1858

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

192800.00

Current Approval Amount

192800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Malvern

Project County Name

CHESTER

Project State

PA

Project Zip

19355-1858

CD

PA-06

Jobs Reported

11

NAICS Code

423390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

192797.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

194157.52

Forgiveness Date

10/20/2021

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