PPP Loan information for Demar mechanical inc.

$3,108,000

Demar mechanical inc. was initially approved for PPP Loan of amount $3,108,000, the current approved amount is $3,108,000. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 460 jobs and $3,108,000 was used to fund payroll.

Demar mechanical inc. is Existing or more than 2 years old

PPP Loan Search / NY / New York / Demar mechanical inc.

DEMAR MECHANICAL INC.

Date Approved

04/28/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

DEMAR MECHANICAL INC.

Borrower Address

186 Stanton Street

Borrower City

New York

Borrower State

NY

Borrower Zip

10002

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3108000.00

Current Approval Amount

3108000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New York

Project County Name

NEW YORK

Project State

NY

Project Zip

10002-0001

CD

NY-10

Jobs Reported

460

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3108000.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3153044.71

Forgiveness Date

10/20/2021

;