# PPP loan: DEMAC CONCRETE INC
> **$181K** approved 02/26/2021 · Paid in Full · Loan `4976638503`
## Borrower
- **Name:** DEMAC CONCRETE INC
- **Address:** 1820 Route 9 Ste 1, Toms River, NJ, 08755-1492
- **NAICS:** 238140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $181K
- **Jobs reported:** 16
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*