PPP Loan information for Demakes enterprises inc

$3,389,415

Demakes enterprises inc was initially approved for PPP Loan of amount $3,389,415, the current approved amount is $3,389,415. The loan was approved on 04/15/2020 by The Bank of America, National Association reported 444 jobs and $3,389,415 was used to fund payroll.

Demakes enterprises inc is New Business or 2 years or less

PPP Loan Search / MA / LYNN / Demakes enterprises inc

DEMAKES ENTERPRISES INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DEMAKES ENTERPRISES INC

Borrower Address

37 WATERHILL ST

Borrower City

LYNN

Borrower State

MA

Borrower Zip

01905-2134

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3389415.00

Current Approval Amount

3389415.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LYNN

Project County Name

ESSEX

Project State

MA

Project Zip

01905-2134

CD

MA-06

Jobs Reported

444

NAICS Code

311612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3389415.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3427859.32

Forgiveness Date

06/11/2021

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