PPP Loan information for Downey cutting inc

$31,742

Downey cutting inc was initially approved for PPP Loan of amount $31,742, the current approved amount is $31,742. The loan was approved on 04/30/2020 by The Umpqua Bank reported 3 jobs and $31,742 was used to fund payroll.

Downey cutting inc is Existing or more than 2 years old

PPP Loan Search / OR / GATES / Downey cutting inc

DOWNEY CUTTING INC

Date Approved

04/30/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

DOWNEY CUTTING INC

Borrower Address

30868 CENTRAL ST

Borrower City

GATES

Borrower State

OR

Borrower Zip

97346-9509

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31741.52

Current Approval Amount

31741.52

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GATES

Project County Name

MARION

Project State

OR

Project Zip

97346-9509

CD

OR-05

Jobs Reported

3

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31741.52

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32271.13

Forgiveness Date

01/04/2022

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