PPP Loan information for Lic payroll processing corp

$1,968,840

Lic payroll processing corp was initially approved for PPP Loan of amount $1,968,840, the current approved amount is $1,968,840. The loan was approved on 04/27/2020 by The Popular Bank reported 350 jobs and $1,968,840 was used to fund payroll.

Lic payroll processing corp is Existing or more than 2 years old

LIC PAYROLL PROCESSING CORP

Date Approved

04/27/2020

SBA Office Code

0235

Processing Method

PPP

Borrower Name

LIC PAYROLL PROCESSING CORP

Borrower Address

595 S Broadway Fl 2

Borrower City

Hicksville

Borrower State

NY

Borrower Zip

11801

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1968840.00

Current Approval Amount

1968840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123625

Servicing Lender Name

Popular Bank

Servicing Lender Address

11 W 51st St

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10019-6994

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hicksville

Project County Name

NASSAU

Project State

NY

Project Zip

11801-1000

CD

NY-03

Jobs Reported

350

NAICS Code

541214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1968840.00

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

123625

Originating Lender

Popular Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1986942.39

Forgiveness Date

03/31/2021

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