PPP Loan information for Demar logistics inc.

$647,335

Demar logistics inc. was initially approved for PPP Loan of amount $647,335, the current approved amount is $647,335. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 54 jobs and $647,335 was used to fund payroll.

Demar logistics inc. is Existing or more than 2 years old

DEMAR LOGISTICS INC.

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DEMAR LOGISTICS INC.

Borrower Address

376 E. LIES RD.

Borrower City

CAROL STREAM

Borrower State

IL

Borrower Zip

60188

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

647335.00

Current Approval Amount

647335.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAROL STREAM

Project County Name

DUPAGE

Project State

IL

Project Zip

60188-0001

CD

IL-08

Jobs Reported

54

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

647335.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

652513.68

Forgiveness Date

02/11/2021

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