Cypress Hills Local Development Corporation, Inc.

$2,263,062 PPP Loan in Brooklyn, New York

Loan Details

Loan Number
3744887203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$2,263,062
Current Approval
$2,263,062
Forgiveness Amount
$2,294,993
Forgiveness Date
Sep 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cypress Hills Local Development Corporation, Inc.
Address
625 Jamaica Avenue
ZIP Code
11208
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (624110)
Business Age
Existing or more than 2 years old
Jobs Reported
382
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
NY-07

Loan Use Breakdown

Payroll
$2,002,362
Rent
$55,000
Utilities
$5,700
Health Care
$200,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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