PPP Loan information for Demaree inflatable boats

$73,400

Demaree inflatable boats was initially approved for PPP Loan of amount $73,400, the current approved amount is $73,400. The loan was approved on 04/27/2020 by The First United Bank & Trust reported 16 jobs and $73,400 was used to fund payroll.

Demaree inflatable boats is Existing or more than 2 years old

DEMAREE INFLATABLE BOATS

Date Approved

04/27/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

DEMAREE INFLATABLE BOATS

Borrower Address

410 Oak Street

Borrower City

Friendsville

Borrower State

MD

Borrower Zip

21531

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73400.00

Current Approval Amount

73400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Friendsville

Project County Name

GARRETT

Project State

MD

Project Zip

21531-0001

CD

MD-06

Jobs Reported

16

NAICS Code

336612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

73400.00

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

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73864.87

Forgiveness Date

12/16/2020

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