PPP Loan information for Bronxworks inc

$7,938,700

Bronxworks inc was initially approved for PPP Loan of amount $7,938,700, the current approved amount is $7,938,700. The loan was approved on 05/15/2021 by The Spring Bank reported 500 jobs and $7,938,700 was used to fund payroll.

Bronxworks inc is Existing or more than 2 years old

BRONXWORKS INC

Date Approved

05/15/2021

SBA Office Code

0202

Processing Method

PPP

Borrower Name

BRONXWORKS INC

Borrower Address

60 E Tremont Ave

Borrower City

Bronx

Borrower State

NY

Borrower Zip

10453-5842

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7938700.00

Current Approval Amount

7938700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

443431

Servicing Lender Name

Spring Bank

Servicing Lender Address

69 E 167th St

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10452-8206

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bronx

Project County Name

BRONX

Project State

NY

Project Zip

10453-5842

CD

NY-15

Jobs Reported

500

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7938700.00

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

501(c)3 – Non Profit

Originating Lender Location Id

443431

Originating Lender

Spring Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

4965328.11

Forgiveness Date

12/14/2021

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