PPP Loan information for Institute for family health

$10,000,000

Institute for family health was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/30/2021 by The Ponce Bank reported 500 jobs and $10,000,000 was used to fund payroll.

Institute for family health is Existing or more than 2 years old

INSTITUTE FOR FAMILY HEALTH

Date Approved

04/30/2021

SBA Office Code

0202

Processing Method

PPP

Borrower Name

INSTITUTE FOR FAMILY HEALTH

Borrower Address

2006 Madison Ave

Borrower City

New York

Borrower State

NY

Borrower Zip

10035-1217

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88717

Servicing Lender Name

Ponce Bank

Servicing Lender Address

2244 Westchester Ave

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10462-5010

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New York

Project County Name

NEW YORK

Project State

NY

Project Zip

10035-1217

CD

NY-13

Jobs Reported

500

NAICS Code

621493

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

88717

Originating Lender

Ponce Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

10092054.79

Forgiveness Date

04/06/2022

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