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Iron Works of Li INC

$75,500 PPP Loan in Freeport, New York

Loan Details

Loan Number
2902597702
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$75,500
Current Approval
$75,500
Forgiveness Amount
$76,172
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Iron Works of Li INC
Address
88 E Merrick Rd
City
Freeport
State
New York
ZIP Code
11520
Business Type
Corporation
Industry (NAICS)
Construction (238190)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-04

Loan Use Breakdown

Payroll
$64,000
Rent
$4,200
Utilities
$1,600
Health Care
$5,500
Debt Interest
$200

Lender Information

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

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