# PPP loan: DESCO ARCHITECTURAL, INC.
> **$260K** approved 04/06/2020 · Paid in Full · Loan `6243607010`
## Borrower
- **Name:** DESCO ARCHITECTURAL, INC.
- **Address:** 716 3rd St. SE, DE SMET, SD, 57231-2273
- **NAICS:** 541310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Jobs reported:** 28
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*