PPP Loan information for Demelo brothers inc

$119,000

Demelo brothers inc was initially approved for PPP Loan of amount $119,000, the current approved amount is $119,000. The loan was approved on 01/26/2021 by The Rockland Trust Company reported 15 jobs and $119,000 was used to fund payroll.

Demelo brothers inc is Existing or more than 2 years old

PPP Loan Search / MA / Marstons Mills / Demelo brothers inc

DEMELO BROTHERS INC

Date Approved

01/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

DEMELO BROTHERS INC

Borrower Address

91 Flint St # 0

Borrower City

Marstons Mills

Borrower State

MA

Borrower Zip

02648-1581

Loan Status Date

06/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119000.00

Current Approval Amount

119000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marstons Mills

Project County Name

BARNSTABLE

Project State

MA

Project Zip

02648-1581

CD

MA-09

Jobs Reported

15

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

118995.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120576.75

Forgiveness Date

05/25/2022

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