PPP borrower record
DEMAND ELECTRIC INC. PPP loan record
Public SBA PPP loan record for DEMAND ELECTRIC INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$1,462,805
Approved amount
$1,460,208
Forgiven amount
2020-04-27
Date approved
Borrower and loan details
Borrower
DEMAND ELECTRIC INC.
Loan number
5333177207
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Elmwood Park
Borrower state
New Jersey
Borrower ZIP
07407
Jobs reported
80
Loan status
Paid in Full
Forgiveness date
2020-11-09
Servicing lender
Spencer Savings Bank, SLA
Originating lender
Spencer Savings Bank, SLA
Reported use of proceeds
Payroll
$1,462,805
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.