PPP Loan information for Dembs development inc.

$343,100

Dembs development inc. was initially approved for PPP Loan of amount $343,100, the current approved amount is $343,100. The loan was approved on 01/23/2021 by The Citizens Bank, National Association reported 18 jobs and $343,100 was used to fund payroll.

Dembs development inc. is Existing or more than 2 years old

PPP Loan Search / MI / Farmington Hills / Dembs development inc.

DEMBS DEVELOPMENT INC.

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DEMBS DEVELOPMENT INC.

Borrower Address

27750 Stansbury Blvd

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48334-3803

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

343100.00

Current Approval Amount

343100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48334-3803

CD

MI-11

Jobs Reported

18

NAICS Code

531312

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

343095.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

345459.40

Forgiveness Date

10/06/2021

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