PPP Loan information for Hoffman development corporation

$994,029

Hoffman development corporation was initially approved for PPP Loan of amount $994,029, the current approved amount is $994,029. The loan was approved on 01/22/2021 by The Tompkins Community Bank reported 121 jobs and $994,029 was used to fund payroll.

Hoffman development corporation is Existing or more than 2 years old

HOFFMAN DEVELOPMENT CORPORATION

Date Approved

01/22/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

HOFFMAN DEVELOPMENT CORPORATION

Borrower Address

1757 Central Ave

Borrower City

Albany

Borrower State

NY

Borrower Zip

12205-4733

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

994028.90

Current Approval Amount

994028.90

Undisbursed Amount

0.00

Franchise Name

Jiffy Lube

Servicing Lender Location Id

47331

Servicing Lender Name

Tompkins Community Bank

Servicing Lender Address

118 East Seneca St

Servicing Lender City

ITHACA

Servicing Lender State

NY

Servicing Lender Zip

14850

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albany

Project County Name

ALBANY

Project State

NY

Project Zip

12205-4733

CD

NY-20

Jobs Reported

121

NAICS Code

811191

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

994023.90

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

47331

Originating Lender

Tompkins Community Bank

Originating Lender City

ITHACA

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

967593.67

Forgiveness Date

06/15/2021

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