5 WITS ALBANY INC (NY) - 2020 PPP Loan Borrower Profile (# 4323728008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5 WITS ALBANY INC. 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

4323728008

SBA Office Code

0248

Processing Method

PPP

Curent Loan Amount

$39,163

Date Loan was Approved

Jun 25, 2020

Amount Forgiven

$38,959.67

Date Loan was Forgiven

Jul 2, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

39,163

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

713990

Borrower Location

ALBANY, NY

Project Location

ALBANY, NY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.