PPP Loan information for Downs automotive inc

$14,620

Downs automotive inc was initially approved for PPP Loan of amount $14,620, the current approved amount is $14,620. The loan was approved on 04/10/2020 by The County Bank reported 4 jobs and $14,620 was used to fund payroll.

Downs automotive inc is Existing or more than 2 years old

PPP Loan Search / DE / Ge / Downs automotive inc

DOWNS AUTOMOTIVE INC

Date Approved

04/10/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

DOWNS AUTOMOTIVE INC

Borrower Address

21606 Park Ave

Borrower City

Ge

Borrower State

DE

Borrower Zip

19947

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14620.00

Current Approval Amount

14620.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116651

Servicing Lender Name

County Bank

Servicing Lender Address

19927 Shuttle Rd

Servicing Lender City

REHOBOTH BEACH

Servicing Lender State

DE

Servicing Lender Zip

19971-4214

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ge

Project County Name

SUSSEX

Project State

DE

Project Zip

19947-0001

CD

DE-

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14620.00

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

116651

Originating Lender

County Bank

Originating Lender City

REHOBOTH BEACH

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

9684.57

Forgiveness Date

12/21/2020

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