PPP Loan information for Downey-wallace auto sales corporation

$6,250

Downey-wallace auto sales corporation was initially approved for PPP Loan of amount $6,250, the current approved amount is $6,250. The loan was approved on 04/15/2020 by The The First Bank reported 1 jobs and $6,250 was used to fund payroll.

Downey-wallace auto sales corporation is Existing or more than 2 years old

PPP Loan Search / AL / ORANGE BEACH / Downey-wallace auto sales corporation

DOWNEY-WALLACE AUTO SALES CORPORATION

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DOWNEY-WALLACE AUTO SALES CORPORATION

Borrower Address

25219 CANAL RD UNIT B

Borrower City

ORANGE BEACH

Borrower State

AL

Borrower Zip

36561-3827

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6250.00

Current Approval Amount

6250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ORANGE BEACH

Project County Name

BALDWIN

Project State

AL

Project Zip

36561-3827

CD

AL-01

Jobs Reported

1

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5000.00

Mortgage Interest Proceed

0.00

Rent Proceed

1250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6293.58

Forgiveness Date

12/30/2020

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