PPP Loan information for Downtown auto group inc.

$188,255

Downtown auto group inc. was initially approved for PPP Loan of amount $188,255, the current approved amount is $188,255. The loan was approved on 02/11/2021 by The Commonwealth Business Bank reported 17 jobs and $188,255 was used to fund payroll.

Downtown auto group inc. is Existing or more than 2 years old

PPP Loan Search / UT / Vernal / Downtown auto group inc.

DOWNTOWN AUTO GROUP INC.

Date Approved

02/11/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

DOWNTOWN AUTO GROUP INC.

Borrower Address

270 E Main St

Borrower City

Vernal

Borrower State

UT

Borrower Zip

84078-2606

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

188255.00

Current Approval Amount

188255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433717

Servicing Lender Name

Commonwealth Business Bank

Servicing Lender Address

3435 Wilshire Blvd, Ste 700

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010-2036

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vernal

Project County Name

UINTAH

Project State

UT

Project Zip

84078-2606

CD

UT-03

Jobs Reported

17

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

188254.00

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

433717

Originating Lender

Commonwealth Business Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

189209.17

Forgiveness Date

08/23/2021

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