PPP Loan information for Downing development, ltd

$39,500

Downing development, ltd was initially approved for PPP Loan of amount $39,500, the current approved amount is $39,500. The loan was approved on 04/05/2020 by The Raccoon Valley Bank reported 2 jobs and $39,500 was used to fund payroll.

Downing development, ltd is Existing or more than 2 years old

PPP Loan Search / IA / POLK CITY / Downing development, ltd

DOWNING DEVELOPMENT, LTD

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DOWNING DEVELOPMENT, LTD

Borrower Address

13004 NW 44TH STREET

Borrower City

POLK CITY

Borrower State

IA

Borrower Zip

50226-1207

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39500.00

Current Approval Amount

39500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25374

Servicing Lender Name

Raccoon Valley Bank

Servicing Lender Address

1202 2nd St

Servicing Lender City

PERRY

Servicing Lender State

IA

Servicing Lender Zip

50220-1506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POLK CITY

Project County Name

POLK

Project State

IA

Project Zip

50226-1207

CD

IA-03

Jobs Reported

2

NAICS Code

531390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39500.00

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

25374

Originating Lender

Raccoon Valley Bank

Originating Lender City

PERRY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39791.86

Forgiveness Date

01/07/2021

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