PPP Loan information for Downs equipment rentals, inc.

$442,500

Downs equipment rentals, inc. was initially approved for PPP Loan of amount $442,500, the current approved amount is $442,500. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 42 jobs and $442,500 was used to fund payroll.

Downs equipment rentals, inc. is Existing or more than 2 years old

PPP Loan Search / CA / BAKERSFIELD / Downs equipment rentals, inc.

DOWNS EQUIPMENT RENTALS, INC.

Date Approved

05/01/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

DOWNS EQUIPMENT RENTALS, INC.

Borrower Address

4800 SACO RD

Borrower City

BAKERSFIELD

Borrower State

CA

Borrower Zip

93308

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

442500.00

Current Approval Amount

442500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAKERSFIELD

Project County Name

KERN

Project State

CA

Project Zip

93308-0001

CD

CA-20

Jobs Reported

42

NAICS Code

532412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3600.00

Payroll Proceed

357025.00

Mortgage Interest Proceed

0.00

Rent Proceed

74375.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

7500

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

447559.25

Forgiveness Date

06/28/2021

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