PPP Loan information for Demarre construction

$20,800

Demarre construction was initially approved for PPP Loan of amount $37,500, the current approved amount is $20,800. The loan was approved on 04/15/2020 by The Customers Bank reported 2 jobs and $20,800 was used to fund payroll.

Demarre construction is Existing or more than 2 years old

DEMARRE CONSTRUCTION

Date Approved

04/15/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

DEMARRE CONSTRUCTION

Borrower Address

18021 26th Street Court East

Borrower City

Lake Tapps

Borrower State

WA

Borrower Zip

98391

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake Tapps

Project County Name

PIERCE

Project State

WA

Project Zip

98391-0001

CD

WA-08

Jobs Reported

2

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20998.88

Forgiveness Date

04/22/2021

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