PPP Loan information for Echo drugs inc

$310,608

Echo drugs inc was initially approved for PPP Loan of amount $310,608, the current approved amount is $310,608. The loan was approved on 02/04/2021 by The Signature Bank reported 35 jobs and $310,608 was used to fund payroll.

Echo drugs inc is Existing or more than 2 years old

ECHO DRUGS INC

Date Approved

02/04/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

ECHO DRUGS INC

Borrower Address

260 Broadway

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11211-8433

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

310607.50

Current Approval Amount

310607.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224478

Servicing Lender Name

Signature Bank

Servicing Lender Address

565 5th Ave, 12th Fl

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-2496

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

11211-8433

CD

NY-07

Jobs Reported

35

NAICS Code

446110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

310605.50

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

Subchapter S Corporation

Originating Lender Location Id

224478

Originating Lender

Signature Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

312786.01

Forgiveness Date

10/25/2021

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