Date Approved
04/08/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
DOWNEY OIL COMPANY, INC.
Borrower Address
325 Joule Street
Borrower City
ALCOA
Borrower State
TN
Borrower Zip
37701-2467
Loan Status Date
02/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
331460.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
67422
Servicing Lender Name
First Horizon Bank
Servicing Lender Address
165 Madison Ave
Servicing Lender City
MEMPHIS
Servicing Lender State
Servicing Lender Zip
38103-2723
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BLOUNT
Project State
Project Zip
CD
TN-02
Jobs Reported
25
NAICS Code
424720
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
3460.00
Payroll Proceed
310000.00
Mortgage Interest Proceed
Rent Proceed
18000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
333577.66
Forgiveness Date
12/14/2020