PPP Loan information for Downing management llc

$188,327

Downing management llc was initially approved for PPP Loan of amount $174,645, the current approved amount is $188,327. The loan was approved on 05/01/2020 by The Forbright Bank reported 34 jobs and $188,327 was used to fund payroll.

Downing management llc is New Business or 2 years or less

DOWNING MANAGEMENT LLC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DOWNING MANAGEMENT LLC

Borrower Address

699 Cross Street

Borrower City

Lakewood

Borrower State

NJ

Borrower Zip

08701-4681

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174645.00

Current Approval Amount

188327.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Lakewood

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-4681

CD

NJ-04

Jobs Reported

34

NAICS Code

531190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

188327.00

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

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

190628.77

Forgiveness Date

07/21/2021

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