# PPP loan: DEEMSYS INC.
> **$912K** approved 05/01/2020 · Paid in Full · Loan `1225727701`
## Borrower
- **Name:** DEEMSYS INC.
- **Address:** 800 CROSS POINTE RD STE 800A, GAHANNA, OH, 43230
- **NAICS:** 541618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $912K
- **Initial approval:** $912K
- **Forgiven:** $924K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $816K
- **Mortgage interest:** $4K
- **Utilities:** $2K
- **Health care:** $84K
- **Debt interest:** $6K
- **Jobs reported:** 47
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*