PPP Loan information for Daco corporation

$810,100

Daco corporation was initially approved for PPP Loan of amount $810,100, the current approved amount is $810,100. The loan was approved on 02/13/2021 by The Washington Trust Bank reported 53 jobs and $810,100 was used to fund payroll.

Daco corporation is Existing or more than 2 years old

DACO CORPORATION

Date Approved

02/13/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

DACO CORPORATION

Borrower Address

8825 S 184th St

Borrower City

Kent

Borrower State

WA

Borrower Zip

98031-1232

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

810100.00

Current Approval Amount

810100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74899

Servicing Lender Name

Washington Trust Bank

Servicing Lender Address

717 W Sprague Ave

Servicing Lender City

SPOKANE

Servicing Lender State

WA

Servicing Lender Zip

99201-3915

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kent

Project County Name

KING

Project State

WA

Project Zip

98031-1232

CD

WA-09

Jobs Reported

53

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

810097.00

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

74899

Originating Lender

Washington Trust Bank

Originating Lender City

SPOKANE

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

819421.70

Forgiveness Date

04/14/2022

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