PPP Loan information for Children of promise nyc

$250,000

Children of promise nyc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 01/19/2021 by The Brooklyn Cooperative FCU reported 61 jobs and $250,000 was used to fund payroll.

Children of promise nyc is Existing or more than 2 years old

CHILDREN OF PROMISE NYC

Date Approved

01/19/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

CHILDREN OF PROMISE NYC

Borrower Address

54 Macdonough St

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11216-2304

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

217033

Servicing Lender Name

Brooklyn Cooperative FCU

Servicing Lender Address

1474 Myrtle Ave

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

11237-5128

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11216-2304

CD

NY-08

Jobs Reported

61

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

249997.00

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

Non-Profit Organization

Originating Lender Location Id

217033

Originating Lender

Brooklyn Cooperative FCU

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

251636.99

Forgiveness Date

09/29/2021

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