# PPP loan: DESMARK INDUSTRIES INC
> **$344K** approved 01/21/2021 · Paid in Full · Loan `2769358304`
## Borrower
- **Name:** DESMARK INDUSTRIES INC
- **Address:** 530 Wellington Ave Ste 3, Cranston, RI, 02910-2950
- **NAICS:** 315990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $347K (101%)
- **Forgiveness date:** 12/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $344K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*