PPP Loan information for Demaio electrical company inc.

$396,563

Demaio electrical company inc. was initially approved for PPP Loan of amount $396,563, the current approved amount is $396,563. The loan was approved on 01/22/2021 by The Fulton Bank, National Association reported 17 jobs and $396,563 was used to fund payroll.

Demaio electrical company inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Hillsborough / Demaio electrical company inc.

DEMAIO ELECTRICAL COMPANY INC.

Date Approved

01/22/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

DEMAIO ELECTRICAL COMPANY INC.

Borrower Address

330 Roycefield Rd Unit D

Borrower City

Hillsborough

Borrower State

NJ

Borrower Zip

08844-4148

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

396563.00

Current Approval Amount

396563.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hillsborough

Project County Name

SOMERSET

Project State

NJ

Project Zip

08844-4148

CD

NJ-12

Jobs Reported

17

NAICS Code

238390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

396558.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

398832.22

Forgiveness Date

08/18/2021

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