PPP Loan information for Demaio electrical company, inc.

$368,526

Demaio electrical company, inc. was initially approved for PPP Loan of amount $368,526, the current approved amount is $368,526. The loan was approved on 04/08/2020 by The Fulton Bank, National Association reported 25 jobs and $368,526 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

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DEMAIO ELECTRICAL COMPANY, INC.

Borrower Address

330 Roycefield Rd Unit D, PO Box 5907

Borrower City

Hillsborough

Borrower State

NJ

Borrower Zip

08844

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

368526.00

Current Approval Amount

368526.00

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

08844-0001

CD

NJ-12

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

46065.75

Payroll Proceed

276394.50

Mortgage Interest Proceed

0.00

Rent Proceed

46065.75

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

371167.10

Forgiveness Date

01/14/2021

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