# PPP loan: DESPIRT MOSAIC & MARBLE CO., INC.
> **$642K** approved 04/14/2020 · Paid in Full · Loan `7952537108`
## Borrower
- **Name:** DESPIRT MOSAIC & MARBLE CO., INC.
- **Address:** 1085 East Delavan Avenue, Buffalo, NY, 14215
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $642K
- **Initial approval:** $642K
- **Forgiven:** $647K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $616K
- **Utilities:** $6K
- **Health care:** $10K
- **Debt interest:** $10K
- **Jobs reported:** 30
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*