# PPP loan: DERCO ASSOCIATES INC
> **$347K** approved 02/04/2021 · Paid in Full · Loan `3016868402`
## Borrower
- **Name:** DERCO ASSOCIATES INC
- **Address:** 2670 W Shaw Ln, Fresno, CA, 93711-2772
- **NAICS:** 424450
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $348K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $347K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*