# PPP loan: DESAVINO & SONS INC
> **$246K** approved 01/19/2021 · Paid in Full · Loan `1703788307`
## Borrower
- **Name:** DESAVINO & SONS INC
- **Address:** 1003 Underwood Rd, Olyphant, PA, 18447-2135
- **NAICS:** 337110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 01/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $246K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** The Honesdale National Bank
- **Servicing:** The Honesdale National Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*