PPP Loan information for Downs ford inc

$711,768

Downs ford inc was initially approved for PPP Loan of amount $711,768, the current approved amount is $711,768. The loan was approved on 04/07/2020 by The Loan Source Incorporated reported 60 jobs and $711,768 was used to fund payroll.

Downs ford inc is Existing or more than 2 years old

PPP Loan Search / NJ / TOMS RIVER / Downs ford inc

DOWNS FORD INC

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DOWNS FORD INC

Borrower Address

360 ROUTE 37 E

Borrower City

TOMS RIVER

Borrower State

NJ

Borrower Zip

08753-5538

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

711767.92

Current Approval Amount

711767.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOMS RIVER

Project County Name

OCEAN

Project State

NJ

Project Zip

08753-5538

CD

NJ-04

Jobs Reported

60

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

711767.92

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

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

719197.61

Forgiveness Date

05/03/2021

;