PPP Loan information for Downey insurance agency, inc.

$119,500

Downey insurance agency, inc. was initially approved for PPP Loan of amount $119,500, the current approved amount is $119,500. The loan was approved on 04/09/2020 by The Main Street Bank reported 12 jobs and $119,500 was used to fund payroll.

Downey insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / MA / Marlborough / Downey insurance agency, inc.

DOWNEY INSURANCE AGENCY, INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DOWNEY INSURANCE AGENCY, INC.

Borrower Address

190 East Main Street

Borrower City

Marlborough

Borrower State

MA

Borrower Zip

01752-2652

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119500.00

Current Approval Amount

119500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33042

Servicing Lender Name

Main Street Bank

Servicing Lender Address

81 Granger Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-2851

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marlborough

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-2652

CD

MA-03

Jobs Reported

12

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119500.00

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

33042

Originating Lender

Main Street Bank

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

120724.47

Forgiveness Date

05/04/2021

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