# PPP loan: DESCO INDUSTRIES INCORPORATED
> **$4.59M** approved 05/01/2020 · Paid in Full · Loan `4784597710`
## Borrower
- **Name:** DESCO INDUSTRIES INCORPORATED
- **Address:** 3651 WALNUT AVE, CHINO, CA, 91710
- **NAICS:** 335999
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.59M
- **Initial approval:** $4.59M
- **Forgiven:** $4.64M (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.59M
- **Jobs reported:** 330
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*