PPP Loan information for Downtown auto group, inc.

$184,000

Downtown auto group, inc. was initially approved for PPP Loan of amount $184,000, the current approved amount is $184,000. The loan was approved on 04/07/2020 by The Commonwealth Business Bank reported 17 jobs and $184,000 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

04/07/2020

SBA Office Code

0883

Processing Method

PPP

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

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

184000.00

Current Approval Amount

184000.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

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

184000.00

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

185436.71

Forgiveness Date

02/09/2021

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