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The New Y-Capp Inc.

$552,707 PPP Loan in Richmond, Virginia

Loan Details

Loan Number
8417187102
Date Approved
Apr 15, 2020
Loan Status
Exemption 4
Initial Approval
$552,707
Current Approval
$552,707
Forgiveness Amount
$389,647
Forgiveness Date
Jul 19, 2023
Term
59 months
Draw
First Draw

Business Information

Business Name
The New Y-Capp Inc.
Address
1500 Brook Road
City
Richmond
State
Virginia
ZIP Code
23220
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (621420)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
VA-04

Loan Use Breakdown

Payroll
$287,507
Rent
$18,200
Utilities
$27,000
Health Care
$60,000
Mortgage Interest
$20,000
Debt Interest
$140,000

Lender Information

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

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