# PPP loan: DESCO MANUFACTING COMPANY
> **$198K** approved 04/30/2020 · Paid in Full · Loan `7642467301`
## Borrower
- **Name:** DESCO MANUFACTING COMPANY
- **Address:** 23031 ARROYO VISTA SUITE A, RANCHO SANTA MARGARITA, CA, 92688
- **NAICS:** 336611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 20
## 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*