PPP Loan information for Block institute

$4,716,997

Block institute was initially approved for PPP Loan of amount $4,716,997, the current approved amount is $4,716,997. The loan was approved on 04/27/2020 by The Cache Valley Bank reported 497 jobs and $4,716,997 was used to fund payroll.

Block institute is Existing or more than 2 years old

PPP Loan Search / NY / BROOKLYN / Block institute

BLOCK INSTITUTE

Date Approved

04/27/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

BLOCK INSTITUTE

Borrower Address

376 BAY 44TH ST

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11214-7103

Loan Status Date

11/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4716997.00

Current Approval Amount

4716997.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

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

11214-7103

CD

NY-11

Jobs Reported

497

NAICS Code

611110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

4716997.00

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

Non-Profit Organization

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

4786834.76

Forgiveness Date

10/22/2021

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