# PPP loan: DESCO SYSTEMS LC
> **$446K** approved 01/20/2021 · Paid in Full · Loan `1916248302`
## Borrower
- **Name:** DESCO SYSTEMS LC
- **Address:** 503 E Monroe Ave, Kirkwood, MO, 63122-6317
- **NAICS:** 238340
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $446K
- **Initial approval:** $446K
- **Forgiven:** $447K (100%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $446K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*