# PPP loan: DOWNS MARINE ENTERPRISES, INC.
> **$159K** approved 05/01/2020 · Paid in Full · Loan `9658067706`
## Borrower
- **Name:** DOWNS MARINE ENTERPRISES, INC.
- **Address:** 2218 IDLEWILD ROAD, PALM BEACH GARDENS, FL, 33410
- **NAICS:** 999990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $108K (68%)
- **Forgiveness date:** 02/22/2024
- **Status:** Paid in Full
- **Term:** 2 months
## Use of funds
- **Payroll:** $159K
- **Jobs reported:** 12
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*