Downs Ford INC

$711,768 PPP Loan in Toms River, New Jersey

Loan Details

Loan Number
6556877000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$711,768
Current Approval
$711,768
Forgiveness Amount
$719,198
Forgiveness Date
May 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Downs Ford INC
Address
360 Route 37 E
ZIP Code
08753-5538
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$15.1M
Rural/Urban
Urban
Congressional District
NJ-04

Loan Use Breakdown

Payroll
$711,768

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Oceanfirst Bank, National Association

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