Terri Nichols Institutional Food Merchants LLC

$862,695 PPP Loan in Brooklyn, New York

Loan Details

Loan Number
1634807103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$862,695
Current Approval
$862,695
Forgiveness Amount
$871,737
Forgiveness Date
May 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Terri Nichols Institutional Food Merchants LLC
Address
10101-C Avenue D 0.0
ZIP Code
11236-1917
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (424410)
Business Age
Existing or more than 2 years old
Jobs Reported
92
Estimated Revenue
$23.7M
Rural/Urban
Urban
Congressional District
NY-08

Loan Use Breakdown

Payroll
$647,695
Rent
$110,000
Utilities
$40,000
Health Care
$60,000
Debt Interest
$5,000

Lender Information

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

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