Demand Electric Inc.

$1,401,495 PPP Loan in Astoria, New York

Loan Details

Loan Number
5141468300
Date Approved
Jan 25, 2021
Loan Status
Charged Off
Initial Approval
$1,401,495
Current Approval
$1,401,495
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
41 months
Draw
Second Draw

Business Information

Business Name
Demand Electric Inc.
Address
3133 31st St # 2
ZIP Code
11106-2530
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$26.3M
Rural/Urban
Urban
Congressional District
NY-14

Loan Use Breakdown

Payroll
$1,401,493
Utilities
$1

Lender Information

Servicing Lender
Spencer Savings Bank, Sla
Originating Lender
Spencer Savings Bank, Sla

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