PPP Loan information for Demand electric inc.

$229,225

Demand electric inc. was initially approved for PPP Loan of amount $229,225, the current approved amount is $229,225. The loan was approved on 04/08/2020 by The Eastern Bank reported 19 jobs and $229,225 was used to fund payroll.

Demand electric inc. is Unanswered

PPP Loan Search / NH / MANCHESTER / Demand electric inc.

DEMAND ELECTRIC INC.

Date Approved

04/08/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

DEMAND ELECTRIC INC.

Borrower Address

711 VALLEY ST

Borrower City

MANCHESTER

Borrower State

NH

Borrower Zip

03103-4308

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

229225.00

Current Approval Amount

229225.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

MANCHESTER

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03103-4308

CD

NH-01

Jobs Reported

19

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

229225.00

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

Subchapter S Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

231810.15

Forgiveness Date

06/04/2021

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