PPP Loan information for The chop shop ny inc

$63,975

The chop shop ny inc was initially approved for PPP Loan of amount $63,975, the current approved amount is $63,975. The loan was approved on 02/08/2021 by The Ponce Bank reported 5 jobs and $63,975 was used to fund payroll.

The chop shop ny inc is Existing or more than 2 years old

THE CHOP SHOP NY INC

Date Approved

02/08/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

THE CHOP SHOP NY INC

Borrower Address

1856 42nd St

Borrower City

Astoria

Borrower State

NY

Borrower Zip

11105-1027

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

63975.00

Current Approval Amount

63975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88717

Servicing Lender Name

Ponce Bank

Servicing Lender Address

2244 Westchester Ave

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10462-5010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Astoria

Project County Name

QUEENS

Project State

NY

Project Zip

11105-1027

CD

NY-14

Jobs Reported

5

NAICS Code

811118

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

63975.00

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

88717

Originating Lender

Ponce Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64421.95

Forgiveness Date

10/25/2021

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