PPP Loan information for South bronx overall economic development corporation

$1,745,047

South bronx overall economic development corporation was initially approved for PPP Loan of amount $1,745,047, the current approved amount is $1,745,047. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 248 jobs and $1,745,047 was used to fund payroll.

South bronx overall economic development corporation is Existing or more than 2 years old

PPP Loan Search / NY / BRONX / South bronx overall economic development corporation

SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

555 BERGEN AVE 3RD FL

Borrower City

BRONX

Borrower State

NY

Borrower Zip

10455

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1745047.00

Current Approval Amount

1745047.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRONX

Project County Name

BRONX

Project State

NY

Project Zip

10455-0001

CD

NY-15

Jobs Reported

248

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

100000.00

Payroll Proceed

1008786.00

Mortgage Interest Proceed

58261.00

Rent Proceed

78000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

500000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1765141.22

Forgiveness Date

06/29/2021

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