PPP Loan information for Downey trees inc

$838,564

Downey trees inc was initially approved for PPP Loan of amount $838,564, the current approved amount is $838,564. The loan was approved on 04/10/2020 by The The Citizens Bank of Georgia reported 65 jobs and $838,564 was used to fund payroll.

Downey trees inc is Existing or more than 2 years old

DOWNEY TREES INC

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

DOWNEY TREES INC

Borrower Address

5055 Shadburn Road

Borrower City

Cumming

Borrower State

GA

Borrower Zip

30041

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

838564.00

Current Approval Amount

838564.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120988

Servicing Lender Name

The Citizens Bank of Georgia

Servicing Lender Address

651 Veterans Memorial Blvd

Servicing Lender City

CUMMING

Servicing Lender State

GA

Servicing Lender Zip

30040-2711

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cumming

Project County Name

FORSYTH

Project State

GA

Project Zip

30041-0001

CD

GA-06

Jobs Reported

65

NAICS Code

115310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

838564.00

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

120988

Originating Lender

The Citizens Bank of Georgia

Originating Lender City

CUMMING

Originating Lender State

GA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

779171.60

Forgiveness Date

12/08/2020

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