PPP Loan information for Big apple institute inc

$1,017,988

Big apple institute inc was initially approved for PPP Loan of amount $1,017,988, the current approved amount is $1,017,988. The loan was approved on 01/27/2021 by The Hanover Community Bank reported 125 jobs and $1,017,988 was used to fund payroll.

Big apple institute inc is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Big apple institute inc

BIG APPLE INSTITUTE INC

Date Approved

01/27/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

BIG APPLE INSTITUTE INC

Borrower Address

524 Lake St

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11223-5361

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1017987.50

Current Approval Amount

1017987.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462816

Servicing Lender Name

Hanover Community Bank

Servicing Lender Address

80 East Jericho Turnpike

Servicing Lender City

Mineola

Servicing Lender State

NY

Servicing Lender Zip

11501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11223-5361

CD

NY-08

Jobs Reported

125

NAICS Code

611110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1017984.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

462816

Originating Lender

Hanover Community Bank

Originating Lender City

Mineola

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1024689.25

Forgiveness Date

09/29/2021

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