PPP Loan information for The laboratory institute of merchandising, inc.

$3,440,100

The laboratory institute of merchandising, inc. was initially approved for PPP Loan of amount $3,440,100, the current approved amount is $3,440,100. The loan was approved on 04/15/2020 by The Citibank, N.A. reported 370 jobs and $3,440,100 was used to fund payroll.

The laboratory institute of merchandising, inc. is Existing or more than 2 years old

PPP Loan Search / NY / NEW YORK / The laboratory institute of merchandising, inc.

THE LABORATORY INSTITUTE OF MERCHANDISING, INC.

Date Approved

04/15/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

THE LABORATORY INSTITUTE OF MERCHANDISING, INC.

Borrower Address

12 E 52ND ST

Borrower City

NEW YORK

Borrower State

NY

Borrower Zip

10022-5312

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3440100.00

Current Approval Amount

3440100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

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

10022-5312

CD

NY-12

Jobs Reported

370

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3440100.00

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

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3483005.69

Forgiveness Date

07/21/2021

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