PPP Loan information for King solomon foods, inc

$340,000

King solomon foods, inc was initially approved for PPP Loan of amount $340,000, the current approved amount is $340,000. The loan was approved on 04/14/2020 by The Alma Bank reported 26 jobs and $340,000 was used to fund payroll.

King solomon foods, inc is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / King solomon foods, inc

KING SOLOMON FOODS, INC

Date Approved

04/14/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

KING SOLOMON FOODS, INC

Borrower Address

5600 1st Avenue

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11220

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

340000.00

Current Approval Amount

340000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

450640

Servicing Lender Name

Alma Bank

Servicing Lender Address

28-31 31st St

Servicing Lender City

Astoria

Servicing Lender State

NY

Servicing Lender Zip

11102

Rural Urban Indicator

U

Hubzone Indicator

N

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

11220-0001

CD

NY-10

Jobs Reported

26

NAICS Code

424470

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25080.00

Payroll Proceed

255000.00

Mortgage Interest Proceed

0.00

Rent Proceed

59920.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

450640

Originating Lender

Alma Bank

Originating Lender City

Astoria

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

343344.11

Forgiveness Date

04/15/2021

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