PPP Loan information for Downey & sons pallet co inc

$41,665

Downey & sons pallet co inc was initially approved for PPP Loan of amount $329,092, the current approved amount is $41,665. The loan was approved on 05/12/2020 by The U.S. Bank, National Association reported 65 jobs and $41,665 was used to fund payroll.

Downey & sons pallet co inc is Existing or more than 2 years old

DOWNEY & SONS PALLET CO INC

Date Approved

05/12/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

DOWNEY & SONS PALLET CO INC

Borrower Address

500 BLOOMFIELD RD

Borrower City

SPRINGFIELD

Borrower State

KY

Borrower Zip

40069

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

329092.00

Current Approval Amount

41665.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

WASHINGTON

Project State

KY

Project Zip

40069-0001

CD

KY-01

Jobs Reported

65

NAICS Code

321920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41665.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41888.37

Forgiveness Date

12/02/2020

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