PPP Loan information for Demercap, inc.

$98,500

Demercap, inc. was initially approved for PPP Loan of amount $98,500, the current approved amount is $98,500. The loan was approved on 04/05/2020 by The Thomasville National Bank reported 53 jobs and $98,500 was used to fund payroll.

Demercap, inc. is Existing or more than 2 years old

PPP Loan Search / GA / VALDOSTA / Demercap, inc.

DEMERCAP, INC.

Date Approved

04/05/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

DEMERCAP, INC.

Borrower Address

3844 KINDERLOU FRST

Borrower City

VALDOSTA

Borrower State

GA

Borrower Zip

31601-1192

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98500.00

Current Approval Amount

98500.00

Undisbursed Amount

0.00

Franchise Name

Zaxby's

Servicing Lender Location Id

119679

Servicing Lender Name

Thomasville National Bank

Servicing Lender Address

301 N Broad St

Servicing Lender City

THOMASVILLE

Servicing Lender State

GA

Servicing Lender Zip

31792-5118

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VALDOSTA

Project County Name

LOWNDES

Project State

GA

Project Zip

31601-1192

CD

GA-08

Jobs Reported

53

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4925.00

Payroll Proceed

78800.00

Mortgage Interest Proceed

14775.00

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

119679

Originating Lender

Thomasville National Bank

Originating Lender City

THOMASVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99151.19

Forgiveness Date

12/09/2020

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