# PPP loan: DEG ASSOCIATES, INC
> **$201K** approved 04/05/2020 · Paid in Full · Loan `5100927010`
## Borrower
- **Name:** DEG ASSOCIATES, INC
- **Address:** 155 WADE ST, FALL RIVER, MA, 02721-2837
- **NAICS:** 443142
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Utilities:** $1K
- **Debt interest:** $7K
- **Jobs reported:** 16
## Lender
- **Originating:** Mechanics Cooperative Bank
- **Servicing:** Mechanics Cooperative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*