Downey Grinding Company

$385,000 PPP Loan in Downey, California

Loan Details

Loan Number
8559338406
Date Approved
Feb 13, 2021
Loan Status
Paid in Full
Initial Approval
$385,000
Current Approval
$385,000
Forgiveness Amount
$386,978
Forgiveness Date
Aug 23, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Downey Grinding Company
Address
12323 Bellflower Blvd
City
Downey
ZIP Code
90242-2829
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$9.0M
Rural/Urban
Urban
Congressional District
CA-42

Loan Use Breakdown

Payroll
$384,998
Utilities
$1

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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