PPP Loan information for Dement's mechanical corporation

$80,450

Dement's mechanical corporation was initially approved for PPP Loan of amount $80,450, the current approved amount is $80,450. The loan was approved on 02/06/2021 by The Community Bank of the Chesapeake reported 4 jobs and $80,450 was used to fund payroll.

Dement's mechanical corporation is Existing or more than 2 years old

DEMENT'S MECHANICAL CORPORATION

Date Approved

02/06/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

DEMENT'S MECHANICAL CORPORATION

Borrower Address

6515 Hughesville Industrial Park Rd

Borrower City

Hughesville

Borrower State

MD

Borrower Zip

20637-2517

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

80450.00

Current Approval Amount

80450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hughesville

Project County Name

CHARLES

Project State

MD

Project Zip

20637-2517

CD

MD-05

Jobs Reported

4

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

80448.00

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

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

81510.18

Forgiveness Date

06/09/2022

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