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Downes Forest Products, LLC

Hawthorne, NJ 07506

The loans, in SBA’s record

$164.6 thousand
Approved
$164,647
The amount of every loan as it now stands, added together.
1
Loan
1 first draw.
$166.3 thousand
Forgiven
$166,316
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $164,647
By the amount SBA approved, ranks 885,907th of 10,688,106 borrowers nationally, 29,937th of 284,088 in New Jersey and 1,529th of 16,374 in the project’s county, Passaic, NJ. Larger than 91% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

5 more columns on a wider screen

Paycheck Protection Program loans to Downes Forest Products, LLC, as SBA recorded them
Approved onAmountStatus
April 10, 2020$164.6 thousandPaid in Full

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved