324 W MERRICK AVE AUTO LLC (NY) - 2020 PPP Loan Borrower Profile (# 1478807100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 324 W MERRICK AVE AUTO 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

1478807100

SBA Office Code

0235

Processing Method

PPP

Curent Loan Amount

$128,704

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$130,115.95

Date Loan was Forgiven

May 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,525

Payroll Proced

93,438

Mortgage Interest Proceed

Rent Proceed

15,387

Refinance EIDL Proceed

Health Care Proceed

1,142

Debt Interest Proceed

13,212

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

452112

Borrower Location

Valley Stream, NY

Project Location

Valley Stream, NY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.