PPP Loan information for Demcor inc

$82,640

Demcor inc was initially approved for PPP Loan of amount $82,640, the current approved amount is $82,640. The loan was approved on 02/02/2021 by The U.S. Bank, National Association reported 14 jobs and $82,640 was used to fund payroll.

Demcor inc is Existing or more than 2 years old

PPP Loan Search / TN / NEWPORT / Demcor inc

DEMCOR INC

Date Approved

02/02/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

DEMCOR INC

Borrower Address

196 HIGHWAY E

Borrower City

NEWPORT

Borrower State

TN

Borrower Zip

37821

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82640.00

Current Approval Amount

82640.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

COCKE

Project State

TN

Project Zip

37821

CD

TN-01

Jobs Reported

14

NAICS Code

321920

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

82636.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83379.17

Forgiveness Date

12/23/2021

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