PPP Loan information for Desmark industries inc

$343,782

Desmark industries inc was initially approved for PPP Loan of amount $343,782, the current approved amount is $343,782. The loan was approved on 01/21/2021 by The Santander Bank, National Association reported 58 jobs and $343,782 was used to fund payroll.

Desmark industries inc is Existing or more than 2 years old

DESMARK INDUSTRIES INC

Date Approved

01/21/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

DESMARK INDUSTRIES INC

Borrower Address

530 Wellington Ave Ste 3

Borrower City

Cranston

Borrower State

RI

Borrower Zip

02910-2950

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

343782.00

Current Approval Amount

343782.00

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

02910-2950

CD

RI-02

Jobs Reported

58

NAICS Code

315990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

343780.00

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

346946.68

Forgiveness Date

12/28/2021

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