3.1 PHILLIP LIM, LLC (NY) - 2020 PPP Loan Borrower Profile (# 2893497105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 3.1 PHILLIP LIM, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New York.

Loan Detail

Loan Number

2893497105

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$1,176,822

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$1,188,963.53

Date Loan was Forgiven

Apr 28, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,224

Payroll Proced

927,875

Mortgage Interest Proceed

Rent Proceed

156,266

Refinance EIDL Proceed

Health Care Proceed

60,000

Debt Interest Proceed

28,457

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

541490

Borrower Location

New York, NY

Project Location

New York, NY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.