PPP Loan information for Long island business institute inc.

$1,301,100

Long island business institute inc. was initially approved for PPP Loan of amount $1,322,000, the current approved amount is $1,301,100. The loan was approved on 04/15/2020 by The Bank of Hope reported 192 jobs and $1,301,100 was used to fund payroll.

Long island business institute inc. is Existing or more than 2 years old

PPP Loan Search / NY / FLUSHING / Long island business institute inc.

LONG ISLAND BUSINESS INSTITUTE INC.

Date Approved

04/15/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

LONG ISLAND BUSINESS INSTITUTE INC.

Borrower Address

13618 39TH AVE

Borrower City

FLUSHING

Borrower State

NY

Borrower Zip

11354-5400

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1322000.00

Current Approval Amount

1301100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110359

Servicing Lender Name

Bank of Hope

Servicing Lender Address

3200 Wilshire Blvd 1st Fl

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FLUSHING

Project County Name

QUEENS

Project State

NY

Project Zip

11354-5400

CD

NY-06

Jobs Reported

192

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1301100.00

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

110359

Originating Lender

Bank of Hope

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1315964.62

Forgiveness Date

06/16/2021

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