PPP Loan information for Demsey manufacturing company inc.

$384,674

Demsey manufacturing company inc. was initially approved for PPP Loan of amount $384,674, the current approved amount is $384,674. The loan was approved on 02/12/2021 by The Thomaston Savings Bank reported 28 jobs and $384,674 was used to fund payroll.

Demsey manufacturing company inc. is Existing or more than 2 years old

DEMSEY MANUFACTURING COMPANY INC.

Date Approved

02/12/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

DEMSEY MANUFACTURING COMPANY INC.

Borrower Address

78 New Wood Rd

Borrower City

Watertown

Borrower State

CT

Borrower Zip

06795-3339

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

384673.52

Current Approval Amount

384673.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16495

Servicing Lender Name

Thomaston Savings Bank

Servicing Lender Address

203 Main St

Servicing Lender City

THOMASTON

Servicing Lender State

CT

Servicing Lender Zip

06787-1721

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Watertown

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06795-3339

CD

CT-05

Jobs Reported

28

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

384670.52

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

16495

Originating Lender

Thomaston Savings Bank

Originating Lender City

THOMASTON

Originating Lender State

CT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

386338.68

Forgiveness Date

08/04/2021

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