PPP Loan information for Program development services inc.

$2,804,000

Program development services inc. was initially approved for PPP Loan of amount $2,804,000, the current approved amount is $2,804,000. The loan was approved on 04/28/2020 by The Newtek Small Business Finance, Inc. reported 375 jobs and $2,804,000 was used to fund payroll.

Program development services inc. is Existing or more than 2 years old

PROGRAM DEVELOPMENT SERVICES INC.

Date Approved

04/28/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

PROGRAM DEVELOPMENT SERVICES INC.

Borrower Address

6908 New Utrecht Ave

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11228-1810

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2804000.00

Current Approval Amount

2804000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

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

11228-1810

CD

NY-11

Jobs Reported

375

NAICS Code

813219

Race

Asian

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2804000.00

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

Non-Profit Organization

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

797138.37

Forgiveness Date

01/05/2022

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