PPP Loan information for New 42nd street inc

$2,146,700

New 42nd street inc was initially approved for PPP Loan of amount $2,146,700, the current approved amount is $2,146,700. The loan was approved on 04/14/2020 by The Blue Ridge Bank, National Association reported 210 jobs and $2,146,700 was used to fund payroll.

New 42nd street inc is Existing or more than 2 years old

NEW 42ND STREET INC

Date Approved

04/14/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

NEW 42ND STREET INC

Borrower Address

229 W 42nd Street 10th Floor

Borrower City

NEW YORK

Borrower State

NY

Borrower Zip

10036

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2146700.00

Current Approval Amount

2146700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW YORK

Project County Name

NEW YORK

Project State

NY

Project Zip

10036-0001

CD

NY-12

Jobs Reported

210

NAICS Code

711190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

244700.00

Payroll Proceed

1638480.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

263520.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2172162.25

Forgiveness Date

06/22/2021

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