South Bronx Overall Economic Development Corporation
$1,745,047 PPP Loan in Bronx, New York
Loan Details
- Loan Number
- 2246037710
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,745,047
- Current Approval
- $1,745,047
- Forgiveness Amount
- $1,765,141
- Forgiveness Date
- Jun 29, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- South Bronx Overall Economic Development Corporation
- Address
- 555 Bergen Ave 3rd Fl
- City
- Bronx
- State
- New York
- ZIP Code
- 10455
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (813319)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 248
- Estimated Revenue
- $47.4M
- Rural/Urban
- Urban
- Congressional District
- NY-15
Loan Use Breakdown
- Payroll
- $1,008,786
- Rent
- $78,000
- Utilities
- $100,000
- Health Care
- $500,000
- Mortgage Interest
- $58,261
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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