PPP Loan information for Downes restaurant inc

$94,874

Downes restaurant inc was initially approved for PPP Loan of amount $94,874, the current approved amount is $94,874. The loan was approved on 03/27/2021 by The Umpqua Bank reported 27 jobs and $94,874 was used to fund payroll.

Downes restaurant inc is Existing or more than 2 years old

PPP Loan Search / OR / Salem / Downes restaurant inc

DOWNES RESTAURANT INC

Date Approved

03/27/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

DOWNES RESTAURANT INC

Borrower Address

3310 Market St NE

Borrower City

Salem

Borrower State

OR

Borrower Zip

97301-1818

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

94874.00

Current Approval Amount

94874.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

MARION

Project State

OR

Project Zip

97301-1818

CD

OR-05

Jobs Reported

27

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

94874.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

95289.89

Forgiveness Date

09/09/2021

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