PPP Loan information for Deme construction llc

$891,000

Deme construction llc was initially approved for PPP Loan of amount $891,000, the current approved amount is $891,000. The loan was approved on 04/27/2020 by The Cadence Bank reported 92 jobs and $891,000 was used to fund payroll.

Deme construction llc is Existing or more than 2 years old

DEME CONSTRUCTION LLC

Date Approved

04/27/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

DEME CONSTRUCTION LLC

Borrower Address

3301 WHITFIELD AVE

Borrower City

SARASOTA

Borrower State

FL

Borrower Zip

34243-3328

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

891000.00

Current Approval Amount

891000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SARASOTA

Project County Name

MANATEE

Project State

FL

Project Zip

34243-3328

CD

FL-16

Jobs Reported

92

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

157317.00

Payroll Proceed

733683.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

897459.75

Forgiveness Date

01/26/2021

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