PPP Loan information for Source media holdings inc

$5,433,871

Source media holdings inc was initially approved for PPP Loan of amount $5,433,871, the current approved amount is $5,433,871. The loan was approved on 04/27/2020 by The Valley National Bank reported 206 jobs and $5,433,871 was used to fund payroll.

Source media holdings inc is Existing or more than 2 years old

SOURCE MEDIA HOLDINGS INC

Date Approved

04/27/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

SOURCE MEDIA HOLDINGS INC

Borrower Address

1 State Street

Borrower City

NEW YORK

Borrower State

NY

Borrower Zip

10004-1449

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5433871.00

Current Approval Amount

5433871.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

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

10004-1449

CD

NY-10

Jobs Reported

206

NAICS Code

511120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

123942.00

Payroll Proceed

4075403.00

Mortgage Interest Proceed

0.00

Rent Proceed

1234526.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

5493039.82

Forgiveness Date

06/15/2021

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