PPP Loan information for Promotional development, inc.

$486,200

Promotional development, inc. was initially approved for PPP Loan of amount $486,200, the current approved amount is $486,200. The loan was approved on 04/06/2020 by The Dime Community Bank reported 29 jobs and $486,200 was used to fund payroll.

Promotional development, inc. is Existing or more than 2 years old

PPP Loan Search / NY / BROOKLYN / Promotional development, inc.

PROMOTIONAL DEVELOPMENT, INC.

Date Approved

04/06/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

PROMOTIONAL DEVELOPMENT, INC.

Borrower Address

909 Remsen Ave.

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11236-1624

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

486200.00

Current Approval Amount

486200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46104

Servicing Lender Name

Dime Community Bank

Servicing Lender Address

2200 Montauk Hwy

Servicing Lender City

BRIDGEHAMPTON

Servicing Lender State

NY

Servicing Lender Zip

11932

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

11236-1624

CD

NY-09

Jobs Reported

29

NAICS Code

339950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

389000.00

Mortgage Interest Proceed

0.00

Rent Proceed

97200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46104

Originating Lender

Dime Community Bank

Originating Lender City

BRIDGEHAMPTON

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

491494.18

Forgiveness Date

05/10/2021

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