Downs Energy

$582,600 PPP Loan in Corona, California

Loan Details

Loan Number
8793857106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$582,600
Current Approval
$582,600
Forgiveness Amount
$586,338
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Downs Energy
Address
1296 Magnolia Ave
City
Corona
ZIP Code
92879-2027
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (454310)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$10.5M
Rural/Urban
Urban
Congressional District
CA-41

Loan Use Breakdown

Payroll
$440,000
Rent
$105,000
Utilities
$12,600
Health Care
$25,000

Lender Information

Servicing Lender
Smbc Manubank
Originating Lender
Smbc Manubank

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