PPP Loan information for The chop shop ny inc

$40,082

The chop shop ny inc was initially approved for PPP Loan of amount $40,082, the current approved amount is $40,082. The loan was approved on 05/08/2020 by The Ponce Bank reported 3 jobs and $40,082 was used to fund payroll.

The chop shop ny inc is Existing or more than 2 years old

THE CHOP SHOP NY INC

Date Approved

05/08/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

THE CHOP SHOP NY INC

Borrower Address

2024 STEINWAY ST

Borrower City

ASTORIA

Borrower State

NY

Borrower Zip

11105-1610

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40082.00

Current Approval Amount

40082.00

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

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

11105-1610

CD

NY-14

Jobs Reported

3

NAICS Code

811111

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40082.00

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

Corporation

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

Forgiveness Amount

36254.01

Forgiveness Date

12/22/2020

;