# PPP loan: DEMCO MANUFACTURING, INC.
> **$250K** approved 04/28/2020 · Paid in Full · Loan `7649147204`
## Borrower
- **Name:** DEMCO MANUFACTURING, INC.
- **Address:** 1121 N. Temple Drive, DIBOLL, TX, 75941-0757
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 26
## Lender
- **Originating:** Southside Bank
- **Servicing:** Southside Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*