Demarse Electric INC
$525,300 PPP Loan in Queensbury, New York
Loan Details
- Loan Number
- 9980727102
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $525,300
- Current Approval
- $525,300
- Forgiveness Amount
- $532,870
- Forgiveness Date
- Oct 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Demarse Electric INC
- Address
- 64 Main St
- City
- Queensbury
- State
- New York
- ZIP Code
- 12804
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Utilities (221114)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 56
- Estimated Revenue
- N/A
- Rural/Urban
- Rural
- Congressional District
- NY-21
Loan Use Breakdown
- Payroll
- $525,300
Lender Information
- Servicing Lender
- Citizens Bank, National Association
- Originating Lender
- Citizens Bank, National Association
Other PPP Loans in Queensbury, NY
| Business | Approved | |
|---|---|---|
| Hudson Headwaters Health Network | $10,000,000 | |
| Gross Electric, Inc. | $2,740,000 | |
| Parker Hammond Construction LLC | $1,747,600 | |
| Rozell Industries INC | $1,557,500 | |
| Warren Tire Service Center, Inc. | $1,377,400 |
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