# PPP loan: DESMO 916 CORP.
> **$175K** approved 06/18/2020 · Paid in Full · Loan `8272167900`
## Borrower
- **Name:** DESMO 916 CORP.
- **Address:** 545 East 5th Street, New York, NY, 10009-6729
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 16
## Lender
- **Originating:** FC Marketplace, LLC (dba Funding Circle)
- **Servicing:** Quontic Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*