PPP Loan information for Dem electric, llc

$71,125

Dem electric, llc was initially approved for PPP Loan of amount $71,125, the current approved amount is $71,125. The loan was approved on 01/14/2021 by The Merchants & Planters Bank reported 8 jobs and $71,125 was used to fund payroll.

Dem electric, llc is Existing or more than 2 years old

DEM ELECTRIC, LLC

Date Approved

01/14/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

DEM ELECTRIC, LLC

Borrower Address

1104 Clinton Industrial Park Rd

Borrower City

Clinton

Borrower State

MS

Borrower Zip

39056-3232

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

71125.00

Current Approval Amount

71125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39721

Servicing Lender Name

Merchants & Planters Bank

Servicing Lender Address

308 Raymond Sq

Servicing Lender City

RAYMOND

Servicing Lender State

MS

Servicing Lender Zip

39154

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clinton

Project County Name

HINDS

Project State

MS

Project Zip

39056-3232

CD

MS-02

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

71125.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39721

Originating Lender

Merchants & Planters Bank

Originating Lender City

RAYMOND

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

71409.50

Forgiveness Date

06/15/2021

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