PPP Loan information for Downtown venture corp.

$241,657

Downtown venture corp. was initially approved for PPP Loan of amount $241,657, the current approved amount is $241,657. The loan was approved on 02/20/2021 by The JPMorgan Chase Bank, National Association reported 45 jobs and $241,657 was used to fund payroll.

Downtown venture corp. is Existing or more than 2 years old

PPP Loan Search / NM / Alamogordo / Downtown venture corp.

DOWNTOWN VENTURE CORP.

Date Approved

02/20/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

DOWNTOWN VENTURE CORP.

Borrower Address

3751 Mesa Vlg

Borrower City

Alamogordo

Borrower State

NM

Borrower Zip

88310-8624

Loan Status Date

06/13/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

241657.00

Current Approval Amount

241657.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Alamogordo

Project County Name

OTERO

Project State

NM

Project Zip

88310-8624

CD

NM-02

Jobs Reported

45

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

241652.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

223651.13

Forgiveness Date

05/18/2023

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