# PPP loan: DEMAR MECHANICAL INC.
> **$2.00M** approved 05/29/2021 · Paid in Full · Loan `9106369010`
## Borrower
- **Name:** DEMAR MECHANICAL INC.
- **Address:** 186 Stanton St, New York, NY, 10002-1809
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 09/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 276
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*