# PPP loan: DE SAUSSURE EQUIPMENT CO INC
> **$399K** approved 02/16/2021 · Paid in Full · Loan `9244408403`
## Borrower
- **Name:** DE SAUSSURE EQUIPMENT CO INC
- **Address:** 23 W Howcroft Rd, Maywood, NJ, 07607-1022
- **NAICS:** 337127
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $399K
- **Initial approval:** $399K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 02/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $399K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*