Downing Transportation, Inc.
$654,000 PPP Loan in Troy, Texas
Loan Details
- Loan Number
- 7420227010
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $654,000
- Current Approval
- $654,000
- Forgiveness Amount
- $658,175
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Downing Transportation, Inc.
- Address
- 2120 Church Ave
- City
- Troy
- State
- Texas
- ZIP Code
- 76579-2711
- Business Type
- Corporation
- Industry (NAICS)
- Transportation and Warehousing (484220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 85
- Estimated Revenue
- $22.7M
- Rural/Urban
- Urban
- Congressional District
- TX-31
Loan Use Breakdown
- Payroll
- $570,000
- Health Care
- $44,000
- Debt Interest
- $40,000
Lender Information
- Servicing Lender
- First United Bank and Trust Company
- Originating Lender
- First United Bank and Trust Company
Other PPP Loans in Troy, TX
| Business | Approved | |
|---|---|---|
| Anderton Castings, LLC | $2,213,882 |  AI Deep Dive |
| Downing Transportation, Inc. | $739,200 | AI Deep Dive |
| Mpck Machining INC | $189,706 | AI Deep Dive |
| Mpck Machining Inc. | $189,706 | AI Deep Dive |
| All American Diesel and Tire, LLC | $172,490 | AI Deep Dive |
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