PPP Loan information for Demis products, inc

$348,100

Demis products, inc was initially approved for PPP Loan of amount $388,200, the current approved amount is $348,100. The loan was approved on 04/14/2020 by The Customers Bank reported 34 jobs and $348,100 was used to fund payroll.

Demis products, inc is Existing or more than 2 years old

DEMIS PRODUCTS, INC

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

DEMIS PRODUCTS, INC

Borrower Address

2738 Lithonia Industrial Boulevard

Borrower City

Lithonia

Borrower State

GA

Borrower Zip

30058

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

388200.00

Current Approval Amount

348100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

30058-0001

CD

GA-04

Jobs Reported

34

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

348100.00

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

350875.26

Forgiveness Date

02/17/2021

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