# PPP loan: DECO CHEM INC
> **$217K** approved 04/12/2020 · Paid in Full · Loan `3779397100`
## Borrower
- **Name:** DECO CHEM INC
- **Address:** 3502 HOME ST, MISHAWAKA, IN, 46545
- **NAICS:** 325910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $290K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $174K
- **Mortgage interest:** $22K
- **Utilities:** $22K
- **Jobs reported:** 35
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*