PPP Loan information for Demorett llc

$114,244

Demorett llc was initially approved for PPP Loan of amount $114,244, the current approved amount is $114,244. The loan was approved on 01/28/2021 by The ACNB Bank reported 15 jobs and $114,244 was used to fund payroll.

Demorett llc is Existing or more than 2 years old

PPP Loan Search / MD / Frederick / Demorett llc

DEMORETT LLC

Date Approved

01/28/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

DEMORETT LLC

Borrower Address

215A W 5th St

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21701-4901

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

114243.50

Current Approval Amount

114243.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60227

Servicing Lender Name

ACNB Bank

Servicing Lender Address

16 Lincoln Sq

Servicing Lender City

GETTYSBURG

Servicing Lender State

PA

Servicing Lender Zip

17325-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21701-4901

CD

MD-06

Jobs Reported

15

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

114242.50

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

60227

Originating Lender

ACNB Bank

Originating Lender City

GETTYSBURG

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115674.72

Forgiveness Date

05/03/2022

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