PPP Loan information for Downshift, llc

$86,462

Downshift, llc was initially approved for PPP Loan of amount $86,462, the current approved amount is $86,462. The loan was approved on 04/28/2020 by The United FCU reported 4 jobs and $86,462 was used to fund payroll.

Downshift, llc is Existing or more than 2 years old

PPP Loan Search / MI / HOLLAND / Downshift, llc

DOWNSHIFT, LLC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DOWNSHIFT, LLC

Borrower Address

60 E LAKEWOOD BLVD STE 140

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49424-3305

Loan Status Date

04/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86462.00

Current Approval Amount

86462.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99541

Servicing Lender Name

United FCU

Servicing Lender Address

150 Hilltop Rd

Servicing Lender City

SAINT JOSEPH

Servicing Lender State

MI

Servicing Lender Zip

49085-2381

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49424-3305

CD

MI-02

Jobs Reported

4

NAICS Code

511210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

86462.00

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

99541

Originating Lender

United FCU

Originating Lender City

SAINT JOSEPH

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87580.08

Forgiveness Date

08/24/2021

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