Approved Oil Co. of Brooklyn, Inc.

$4,417,447 PPP Loan in Brooklyn, New York

Loan Details

Loan Number
9572767006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$4,417,447
Current Approval
$4,417,447
Forgiveness Amount
$4,470,478
Forgiveness Date
Jun 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Approved Oil Co. of Brooklyn, Inc.
Address
6717 4th Avenue 0.0
ZIP Code
11220-5306
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (454310)
Business Age
Existing or more than 2 years old
Jobs Reported
272
Estimated Revenue
$65.0M
Rural/Urban
Urban
Congressional District
NY-10

Loan Use Breakdown

Payroll
$3,597,447
Rent
$100,000
Utilities
$40,000
Health Care
$680,000

Lender Information

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

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