PPP Loan information for Downes restaurant inc

$99,020

Downes restaurant inc was initially approved for PPP Loan of amount $99,020, the current approved amount is $99,020. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 27 jobs and $99,020 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

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

DOWNES RESTAURANT INC

Borrower Address

3310 MARKET ST NE

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97301

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99020.00

Current Approval Amount

99020.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

MARION

Project State

OR

Project Zip

97301-0001

CD

OR-05

Jobs Reported

27

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

99020.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99946.94

Forgiveness Date

04/08/2021

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