PPP Loan information for Demis products inc

$286,200

Demis products inc was initially approved for PPP Loan of amount $286,200, the current approved amount is $286,200. The loan was approved on 02/24/2021 by The Readycap Lending, LLC reported 30 jobs and $286,200 was used to fund payroll.

Demis products inc is Existing or more than 2 years old

DEMIS PRODUCTS INC

Date Approved

02/24/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

DEMIS PRODUCTS INC

Borrower Address

2738 Lithonia Industrial Blvd

Borrower City

Lithonia

Borrower State

GA

Borrower Zip

30058-7649

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

286200.00

Current Approval Amount

286200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lithonia

Project County Name

DEKALB

Project State

GA

Project Zip

30058-7649

CD

GA-04

Jobs Reported

30

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

286198.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

288473.92

Forgiveness Date

12/21/2021

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