PPP Loan information for Demco products inc

$136,620

Demco products inc was initially approved for PPP Loan of amount $136,620, the current approved amount is $136,620. The loan was approved on 02/19/2021 by The The Huntington National Bank reported 14 jobs and $136,620 was used to fund payroll.

Demco products inc is Existing or more than 2 years old

DEMCO PRODUCTS INC

Date Approved

02/19/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

DEMCO PRODUCTS INC

Borrower Address

4644 W 92nd St

Borrower City

Oak Lawn

Borrower State

IL

Borrower Zip

60453-1802

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

136620.00

Current Approval Amount

136620.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oak Lawn

Project County Name

COOK

Project State

IL

Project Zip

60453-1802

CD

IL-06

Jobs Reported

14

NAICS Code

332721

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

136619.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

137855.19

Forgiveness Date

01/19/2022

;