PPP Loan information for Demase warehouse systems inc

$875,512

Demase warehouse systems inc was initially approved for PPP Loan of amount $875,512, the current approved amount is $875,512. The loan was approved on 01/31/2021 by The PNC Bank, National Association reported 48 jobs and $875,512 was used to fund payroll.

Demase warehouse systems inc is Existing or more than 2 years old

PPP Loan Search / NJ / Lyndhurst / Demase warehouse systems inc

DEMASE WAREHOUSE SYSTEMS INC

Date Approved

01/31/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

DEMASE WAREHOUSE SYSTEMS INC

Borrower Address

2 Jerome Ave

Borrower City

Lyndhurst

Borrower State

NJ

Borrower Zip

07071-2915

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

875512.00

Current Approval Amount

875512.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lyndhurst

Project County Name

BERGEN

Project State

NJ

Project Zip

07071-2915

CD

NJ-09

Jobs Reported

48

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

875509.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

882953.85

Forgiveness Date

12/09/2021

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