Brown's of Bellport, INC

$2,204,968 PPP Loan in Patchogue, New York

Loan Details

Loan Number
1813257110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,204,968
Current Approval
$2,204,968
Forgiveness Amount
$2,231,379
Forgiveness Date
Jun 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Brown's of Bellport, INC
Address
483 Medford Ave 0.0
ZIP Code
11772-1829
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
131
Estimated Revenue
$33.0M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$1,653,727
Rent
$173,000
Utilities
$30,000
Health Care
$140,747
Debt Interest
$207,494

Lender Information

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

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