# PPP loan: JEREMIAH R DOWNEY INC
> **$218K** approved 04/15/2020 · Paid in Full · Loan `8124367104`
## Borrower
- **Name:** JEREMIAH R DOWNEY INC
- **Address:** 1 Bank Street, Cold Spring, NY, 10516
- **NAICS:** 454310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Rent:** $7K
- **Utilities:** $989
- **Health care:** $17K
- **Jobs reported:** 17
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*