PPP Loan information for Downey engineering corporation

$240,500

Downey engineering corporation was initially approved for PPP Loan of amount $240,500, the current approved amount is $240,500. The loan was approved on 04/30/2020 by The Regions Bank reported 16 jobs and $240,500 was used to fund payroll.

Downey engineering corporation is Existing or more than 2 years old

DOWNEY ENGINEERING CORPORATION

Date Approved

04/30/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

DOWNEY ENGINEERING CORPORATION

Borrower Address

1 Galleria Blvd Ste 907,

Borrower City

Metairie

Borrower State

LA

Borrower Zip

70001

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240500.00

Current Approval Amount

240500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Metairie

Project County Name

JEFFERSON

Project State

LA

Project Zip

70001-1000

CD

LA-01

Jobs Reported

16

NAICS Code

541330

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

240500.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

242351.52

Forgiveness Date

02/11/2021

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