PPP Loan information for Downstream technologies

$329,300

Downstream technologies was initially approved for PPP Loan of amount $329,300, the current approved amount is $329,300. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 13 jobs and $329,300 was used to fund payroll.

Downstream technologies is Existing or more than 2 years old

DOWNSTREAM TECHNOLOGIES

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DOWNSTREAM TECHNOLOGIES

Borrower Address

290 Donald Lynch Blvd Ste 301

Borrower City

Marlborough

Borrower State

MA

Borrower Zip

01752

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

329300.00

Current Approval Amount

329300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marlborough

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-0001

CD

MA-03

Jobs Reported

13

NAICS Code

334614

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

329300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

332827.57

Forgiveness Date

05/21/2021

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