PPP Loan information for Downey engineering corporation

$252,175

Downey engineering corporation was initially approved for PPP Loan of amount $252,175, the current approved amount is $252,175. The loan was approved on 03/20/2021 by The Regions Bank reported 16 jobs and $252,175 was used to fund payroll.

Downey engineering corporation is Existing or more than 2 years old

DOWNEY ENGINEERING CORPORATION

Date Approved

03/20/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

DOWNEY ENGINEERING CORPORATION

Borrower Address

1 Galleria Blvd Ste 907

Borrower City

Metairie

Borrower State

LA

Borrower Zip

70001-8500

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

252175.00

Current Approval Amount

252175.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Metairie

Project County Name

JEFFERSON

Project State

LA

Project Zip

70001-8500

CD

LA-01

Jobs Reported

16

NAICS Code

541330

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

252172.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

254206.22

Forgiveness Date

01/12/2022

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