PPP Loan information for Demac concrete inc

$180,747

Demac concrete inc was initially approved for PPP Loan of amount $180,747, the current approved amount is $180,747. The loan was approved on 02/26/2021 by The Bank of America, National Association reported 16 jobs and $180,747 was used to fund payroll.

Demac concrete inc is Existing or more than 2 years old

DEMAC CONCRETE INC

Date Approved

02/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

DEMAC CONCRETE INC

Borrower Address

1820 Route 9 Ste 1

Borrower City

Toms River

Borrower State

NJ

Borrower Zip

08755-1492

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

180747.00

Current Approval Amount

180747.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Toms River

Project County Name

OCEAN

Project State

NJ

Project Zip

08755-1492

CD

NJ-04

Jobs Reported

16

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

180747.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

182123.65

Forgiveness Date

12/09/2021

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