PPP Loan information for Downrite engineering corp.

$5,961,700

Downrite engineering corp. was initially approved for PPP Loan of amount $5,961,700, the current approved amount is $5,961,700. The loan was approved on 04/08/2020 by The City National Bank of Florida reported 500 jobs and $5,961,700 was used to fund payroll.

Downrite engineering corp. is Existing or more than 2 years old

DOWNRITE ENGINEERING CORP.

Date Approved

04/08/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

DOWNRITE ENGINEERING CORP.

Borrower Address

14241 sw 143rd ct ,

Borrower City

MIAMI

Borrower State

FL

Borrower Zip

33186-5695

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5961700.00

Current Approval Amount

5961700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17124

Servicing Lender Name

City National Bank of Florida

Servicing Lender Address

100 SE 2nd St

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33131

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIAMI

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33186-5695

CD

FL-28

Jobs Reported

500

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1490425.00

Payroll Proceed

4471275.00

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

17124

Originating Lender

City National Bank of Florida

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6029647.05

Forgiveness Date

06/11/2021

;