Downing Construction Inc.

$1,054,330 PPP Loan in Redlands, California

Loan Details

Loan Number
5540738905
Date Approved
Apr 30, 2021
Loan Status
Paid in Full
Initial Approval
$1,054,330
Current Approval
$1,054,330
Forgiveness Amount
$1,064,584
Forgiveness Date
Apr 26, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Downing Construction Inc.
Address
32194 Outer Highway 10
ZIP Code
92373-7500
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237110)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$17.7M
Rural/Urban
Urban
Congressional District
CA-23

Loan Use Breakdown

Payroll
$1,054,325
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

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