# PPP loan: DESCO COATINGS LLC
> **$991K** approved 04/08/2020 · Paid in Full · Loan `7679317001`
## Borrower
- **Name:** DESCO COATINGS LLC
- **Address:** 19890 W 156TH STREET, OLATHE, KS, 66062-3500
- **NAICS:** 238330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $991K
- **Initial approval:** $991K
- **Forgiven:** $998K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $744K
- **Rent:** $248K
- **Jobs reported:** 42
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*