PPP Loan information for Downs energy

$582,600

Downs energy was initially approved for PPP Loan of amount $582,600, the current approved amount is $582,600. The loan was approved on 04/15/2020 by The Manufacturers Bank reported 44 jobs and $582,600 was used to fund payroll.

Downs energy is Existing or more than 2 years old

PPP Loan Search / CA / CORONA / Downs energy

DOWNS ENERGY

Date Approved

04/15/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

DOWNS ENERGY

Borrower Address

1296 MAGNOLIA AVE

Borrower City

CORONA

Borrower State

CA

Borrower Zip

92879-2027

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

582600.00

Current Approval Amount

582600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5690

Servicing Lender Name

Manufacturers Bank

Servicing Lender Address

515 S Figueroa St, 5th Fl Plaza Level

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-3301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORONA

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92879-2027

CD

CA-41

Jobs Reported

44

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12600.00

Payroll Proceed

440000.00

Mortgage Interest Proceed

0.00

Rent Proceed

105000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

5690

Originating Lender

Manufacturers Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

586338.35

Forgiveness Date

12/08/2020

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