PPP Loan information for Downs automotive inc

$27,280

Downs automotive inc was initially approved for PPP Loan of amount $27,280, the current approved amount is $27,280. The loan was approved on 03/02/2021 by The County Bank reported 4 jobs and $27,280 was used to fund payroll.

Downs automotive inc is Existing or more than 2 years old

PPP Loan Search / DE / Georgetown / Downs automotive inc

DOWNS AUTOMOTIVE INC

Date Approved

03/02/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

DOWNS AUTOMOTIVE INC

Borrower Address

23422 Park Ave

Borrower City

Georgetown

Borrower State

DE

Borrower Zip

19947-6370

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27280.00

Current Approval Amount

27280.00

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

Georgetown

Project County Name

SUSSEX

Project State

DE

Project Zip

19947-6370

CD

DE-

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

27278.00

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

27410.05

Forgiveness Date

08/25/2021

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