PPP Loan information for The downtowner inc

$77,900

The downtowner inc was initially approved for PPP Loan of amount $77,900, the current approved amount is $77,900. The loan was approved on 01/26/2021 by The Range Bank reported 36 jobs and $77,900 was used to fund payroll.

The downtowner inc is Existing or more than 2 years old

THE DOWNTOWNER INC

Date Approved

01/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THE DOWNTOWNER INC

Borrower Address

100 Shelden Ave

Borrower City

Houghton

Borrower State

MI

Borrower Zip

49931-1160

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77900.00

Current Approval Amount

77900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36168

Servicing Lender Name

Range Bank

Servicing Lender Address

100 N Front St

Servicing Lender City

MARQUETTE

Servicing Lender State

MI

Servicing Lender Zip

49855-4303

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Houghton

Project County Name

HOUGHTON

Project State

MI

Project Zip

49931-1160

CD

MI-01

Jobs Reported

36

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

77899.00

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

Subchapter S Corporation

Originating Lender Location Id

36168

Originating Lender

Range Bank

Originating Lender City

MARQUETTE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78405.82

Forgiveness Date

09/24/2021

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