PPP Loan information for Demco distribution inc

$26,145

Demco distribution inc was initially approved for PPP Loan of amount $26,145, the current approved amount is $26,145. The loan was approved on 05/02/2020 by The Bank of America, National Association reported 3 jobs and $26,145 was used to fund payroll.

Demco distribution inc is Existing or more than 2 years old

PPP Loan Search / SC / LADSON / Demco distribution inc

DEMCO DISTRIBUTION INC

Date Approved

05/02/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

DEMCO DISTRIBUTION INC

Borrower Address

4838 HAWKINS DR

Borrower City

LADSON

Borrower State

SC

Borrower Zip

29456-6741

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26145.00

Current Approval Amount

26145.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LADSON

Project County Name

DORCHESTER

Project State

SC

Project Zip

29456-6741

CD

SC-01

Jobs Reported

3

NAICS Code

541870

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

26145.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26364.19

Forgiveness Date

03/10/2021

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