# PPP loan: DEMSEY MANUFACTURING CO., INC.
> **$384K** approved 04/06/2020 · Paid in Full · Loan `5907337000`
## Borrower
- **Name:** DEMSEY MANUFACTURING CO., INC.
- **Address:** 78 NEW WOOD RD, WATERTOWN, CT, 06795-3339
- **NAICS:** 332119
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $384K
- **Initial approval:** $384K
- **Forgiven:** $387K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $384K
- **Jobs reported:** 22
## Lender
- **Originating:** Thomaston Savings Bank
- **Servicing:** Thomaston Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*