416 8TH AVENUE BBQ (NY) - 2020 PPP Loan Borrower Profile (# 5976297103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 416 8TH AVENUE BBQ. 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

5976297103

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$471,500

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$146,570.06

Date Loan was Forgiven

Jun 28, 2022

Loan Status

Charged Off

Loan Term

3 Months

Utilities Proced

18,000

Payroll Proced

385,000

Rent Proceed

35,000

Health Care Proceed

11,500

Debt Interest Proceed

22,000

Lender

Blue Ridge Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

New York, NY

Project Location

New York, NY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.