PPP Loan information for Demchiel construction company

$30,000

Demchiel construction company was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 04/29/2020 by The Cadence Bank reported 7 jobs and $30,000 was used to fund payroll.

Demchiel construction company is Existing or more than 2 years old

DEMCHIEL CONSTRUCTION COMPANY

Date Approved

04/29/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

DEMCHIEL CONSTRUCTION COMPANY

Borrower Address

3716 VINEVILLE AVE

Borrower City

MACON

Borrower State

GA

Borrower Zip

31204-1855

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MACON

Project County Name

BIBB

Project State

GA

Project Zip

31204-1855

CD

GA-08

Jobs Reported

7

NAICS Code

237310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

22500.00

Mortgage Interest Proceed

5000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30280.00

Forgiveness Date

04/14/2021

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