PPP Loan information for Demco enterprises inc.

$271,053

Demco enterprises inc. was initially approved for PPP Loan of amount $271,053, the current approved amount is $271,053. The loan was approved on 04/27/2020 by The Fulton Bank, National Association reported 19 jobs and $271,053 was used to fund payroll.

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

DEMCO ENTERPRISES INC.

Date Approved

04/27/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

DEMCO ENTERPRISES INC.

Borrower Address

300 Commerce Dr

Borrower City

Quakertown

Borrower State

PA

Borrower Zip

18951

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

271053.27

Current Approval Amount

271053.00

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

Quakertown

Project County Name

BUCKS

Project State

PA

Project Zip

18951-0001

CD

PA-01

Jobs Reported

19

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

33881.00

Payroll Proceed

203290.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

33882.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

274825.46

Forgiveness Date

09/20/2021

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