PPP Loan information for Down east llc

$204,275

Down east llc was initially approved for PPP Loan of amount $204,275, the current approved amount is $204,275. The loan was approved on 04/08/2020 by The Community Bank of the Chesapeake reported 40 jobs and $204,275 was used to fund payroll.

Down east llc is Existing or more than 2 years old

PPP Loan Search / MD / HUNTINGTOWN / Down east llc

DOWN EAST LLC

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

DOWN EAST LLC

Borrower Address

3265 MAIRFIELD LN

Borrower City

HUNTINGTOWN

Borrower State

MD

Borrower Zip

20639-3928

Loan Status Date

04/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204275.00

Current Approval Amount

204275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTINGTOWN

Project County Name

CALVERT

Project State

MD

Project Zip

20639-3928

CD

MD-05

Jobs Reported

40

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

204275.00

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

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

205808.46

Forgiveness Date

01/20/2021

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