Whitson's Food Service Corp

$10,000,000 PPP Loan in Islandia, New York

Loan Details

Loan Number
1490197110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$10,000,000
Current Approval
$10,000,000
Forgiveness Amount
$10,115,967
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Whitson's Food Service Corp
Address
1800 Motor Parkway 0.0
ZIP Code
11749-5216
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722310)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$93.3M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$9,200,000
Rent
$265,000
Utilities
$110,000
Health Care
$325,000
Mortgage Interest
$100,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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