PPP Loan information for Big apple institute, inc

$1,089,330

Big apple institute, inc was initially approved for PPP Loan of amount $1,089,330, the current approved amount is $1,089,330. The loan was approved on 04/27/2020 by The Hanover Community Bank reported 125 jobs and $1,089,330 was used to fund payroll.

Big apple institute, inc is Existing or more than 2 years old

BIG APPLE INSTITUTE, INC

Date Approved

04/27/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

BIG APPLE INSTITUTE, INC

Borrower Address

524 LAKE STREET

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11223

Loan Status Date

05/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1089330.00

Current Approval Amount

1089330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462816

Servicing Lender Name

Hanover Community Bank

Servicing Lender Address

80 East Jericho Turnpike

Servicing Lender City

Mineola

Servicing Lender State

NY

Servicing Lender Zip

11501

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

11223-0001

CD

NY-11

Jobs Reported

125

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1089330.00

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

462816

Originating Lender

Hanover Community Bank

Originating Lender City

Mineola

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1099739.15

Forgiveness Date

04/19/2021

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