PPP Loan information for Downing construction inc

$681,881

Downing construction inc was initially approved for PPP Loan of amount $681,881, the current approved amount is $681,881. The loan was approved on 02/07/2021 by The Peoples Savings Bank reported 44 jobs and $681,881 was used to fund payroll.

Downing construction inc is Existing or more than 2 years old

PPP Loan Search / IA / Indianola / Downing construction inc

DOWNING CONSTRUCTION INC

Date Approved

02/07/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

DOWNING CONSTRUCTION INC

Borrower Address

509 E Scenic Valley Ave

Borrower City

Indianola

Borrower State

IA

Borrower Zip

50125-4600

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

681880.70

Current Approval Amount

681880.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123228

Servicing Lender Name

Peoples Savings Bank

Servicing Lender Address

400 E Iowa Ave

Servicing Lender City

INDIANOLA

Servicing Lender State

IA

Servicing Lender Zip

50125-1404

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Indianola

Project County Name

WARREN

Project State

IA

Project Zip

50125-4600

CD

IA-01

Jobs Reported

44

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

681877.70

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

123228

Originating Lender

Peoples Savings Bank

Originating Lender City

INDIANOLA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

685934.10

Forgiveness Date

09/15/2021

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