PPP Loan information for Demand electric inc

$222,570

Demand electric inc was initially approved for PPP Loan of amount $222,570, the current approved amount is $222,570. The loan was approved on 01/31/2021 by The Eastern Bank reported 18 jobs and $222,570 was used to fund payroll.

Demand electric inc is Existing or more than 2 years old

PPP Loan Search / NH / Manchester / Demand electric inc

DEMAND ELECTRIC INC

Date Approved

01/31/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

DEMAND ELECTRIC INC

Borrower Address

711 Valley St

Borrower City

Manchester

Borrower State

NH

Borrower Zip

03103-4308

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

222570.00

Current Approval Amount

222570.00

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

Existing or more than 2 years old

Project City

Manchester

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03103-4308

CD

NH-01

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

222570.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

224313.46

Forgiveness Date

11/15/2021

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