PPP Loan information for Desmark industries, inc.

$338,440

Desmark industries, inc. was initially approved for PPP Loan of amount $338,440, the current approved amount is $338,440. The loan was approved on 04/29/2020 by The Santander Bank, National Association reported 55 jobs and $338,440 was used to fund payroll.

Desmark industries, inc. is Existing or more than 2 years old

DESMARK INDUSTRIES, INC.

Date Approved

04/29/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

DESMARK INDUSTRIES, INC.

Borrower Address

530 Wellington Ave

Borrower City

Cranston

Borrower State

RI

Borrower Zip

02914

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

338440.00

Current Approval Amount

338440.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranston

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02914-0011

CD

RI-01

Jobs Reported

55

NAICS Code

315990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

338440.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

341768.77

Forgiveness Date

04/29/2021

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