# PPP loan: THE DEROSA CORPORATION
> **$396K** approved 04/09/2020 · Paid in Full · Loan `8979287001`
## Borrower
- **Name:** THE DEROSA CORPORATION
- **Address:** 7613 W STATE ST, MILWAUKEE, WI, 53213-2638
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $396K
- **Initial approval:** $396K
- **Forgiven:** $399K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $359K
- **Rent:** $2K
- **Utilities:** $20K
- **Debt interest:** $15K
- **Jobs reported:** 28
## Lender
- **Originating:** National Exchange Bank and Trust
- **Servicing:** National Exchange Bank and Trust (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*