PPP Loan information for Demco distribution inc.

$24,339

Demco distribution inc. was initially approved for PPP Loan of amount $24,339, the current approved amount is $24,339. The loan was approved on 01/27/2021 by The Bank of America, National Association reported 3 jobs and $24,339 was used to fund payroll.

Demco distribution inc. is Existing or more than 2 years old

DEMCO DISTRIBUTION INC.

Date Approved

01/27/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

DEMCO DISTRIBUTION INC.

Borrower Address

25050 Riding Plz Ste 130-801

Borrower City

South Riding

Borrower State

VA

Borrower Zip

20152-5925

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24339.00

Current Approval Amount

24339.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Riding

Project County Name

LOUDOUN

Project State

VA

Project Zip

20152-5925

CD

VA-10

Jobs Reported

3

NAICS Code

561499

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

24339.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24478.37

Forgiveness Date

08/26/2021

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