# PPP loan: TIM DEMERA CONSTRUCTION INC.
> **$164K** approved 05/01/2020 · Paid in Full · Loan `7088127709`
## Borrower
- **Name:** TIM DEMERA CONSTRUCTION INC.
- **Address:** 37451 AVE 12 1/4, MADERA, CA, 93636
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 23
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*