PPP Loan information for The new y-capp inc.

$552,707

The new y-capp inc. was initially approved for PPP Loan of amount $552,707, the current approved amount is $552,707. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 10 jobs and $552,707 was used to fund payroll.

The new y-capp inc. is Existing or more than 2 years old

THE NEW Y-CAPP INC.

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE NEW Y-CAPP INC.

Borrower Address

1500 Brook Road

Borrower City

Richmond

Borrower State

VA

Borrower Zip

23220

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

552707.00

Current Approval Amount

552707.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

RICHMOND CITY

Project State

VA

Project Zip

23220-0001

CD

VA-04

Jobs Reported

10

NAICS Code

621420

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

27000.00

Payroll Proceed

287507.00

Mortgage Interest Proceed

20000.00

Rent Proceed

18200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

60000.00

Debt Interest Proceed

140000

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;