# PPP loan: DAPCO INC.
> **$358K** approved 01/29/2021 · Paid in Full · Loan `8225748302`
## Borrower
- **Name:** DAPCO INC.
- **Address:** 11500 Nebo Rd, Nebo, KY, 42441-9748
- **NAICS:** 333131
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $358K
- **Initial approval:** $358K
- **Forgiven:** $361K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $358K
- **Jobs reported:** 26
## Lender
- **Originating:** Independence Bank of Kentucky
- **Servicing:** Independence Bank of Kentucky (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*