PPP Loan information for Demar mechanical inc.

$2,000,000

Demar mechanical inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 05/29/2021 by The Loan Source Incorporated reported 276 jobs and $2,000,000 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

05/29/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

DEMAR MECHANICAL INC.

Borrower Address

186 Stanton St

Borrower City

New York

Borrower State

NY

Borrower Zip

10002-1809

Loan Status Date

11/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

10002-1809

CD

NY-10

Jobs Reported

276

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2024602.74

Forgiveness Date

09/02/2022

;