DESMARK INDUSTRIES INC (RI) - 2020 PPP Loan Borrower Profile (# 2769358304)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DESMARK INDUSTRIES INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Rhode Island.

Loan Detail

Loan Number

2769358304

SBA Office Code

0165

Processing Method

PPS

Curent Loan Amount

$343,782

Date Loan was Approved

Jan 21, 2021

Amount Forgiven

$346,946.68

Date Loan was Forgiven

Dec 28, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

343,780

Lender

Santander Bank, National Association

Business Detail

Business Type

Corporation

NAICS

315990

Borrower Location

Cranston, RI

Project Location

Cranston, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.