PPP Loan information for Ny magazine distributors inc

$62,500

Ny magazine distributors inc was initially approved for PPP Loan of amount $32,000, the current approved amount is $62,500. The loan was approved on 04/14/2020 by The Customers Bank reported 16 jobs and $62,500 was used to fund payroll.

Ny magazine distributors inc is Existing or more than 2 years old

PPP Loan Search / NY / Astoria / Ny magazine distributors inc

NY MAGAZINE DISTRIBUTORS INC

Date Approved

04/14/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

NY MAGAZINE DISTRIBUTORS INC

Borrower Address

498 Columbia St

Borrower City

Astoria

Borrower State

NY

Borrower Zip

11105

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32000.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Astoria

Project County Name

QUEENS

Project State

NY

Project Zip

11105-1000

CD

NY-14

Jobs Reported

16

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62500.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63005.14

Forgiveness Date

03/01/2021

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