PPP Loan information for Downs construction company llc

$369,567

Downs construction company llc was initially approved for PPP Loan of amount $369,567, the current approved amount is $369,567. The loan was approved on 05/18/2021 by The Pinnacle Bank reported 67 jobs and $369,567 was used to fund payroll.

Downs construction company llc is Existing or more than 2 years old

DOWNS CONSTRUCTION COMPANY LLC

Date Approved

05/18/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

DOWNS CONSTRUCTION COMPANY LLC

Borrower Address

700 Thomas Farm Rd

Borrower City

Thomasville

Borrower State

NC

Borrower Zip

27360-6462

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

369567.00

Current Approval Amount

369567.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Thomasville

Project County Name

DAVIDSON

Project State

NC

Project Zip

27360-6462

CD

NC-08

Jobs Reported

67

NAICS Code

332311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

369567.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

372564.04

Forgiveness Date

03/17/2022

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