512 W42 RETAIL, LLC (NY) - 2020 PPP Loan Borrower Profile (# 2631387401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 512 W42 RETAIL, 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

2631387401

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$737,275

Date Loan was Approved

May 6, 2020

Amount Forgiven

$60,699.8

Date Loan was Forgiven

Jan 13, 2022

Loan Status

Charged Off

Loan Term

34 Months

Payroll Proced

737,275

Lender

Signature Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

531390

Borrower Location

NEW YORK, NY

Project Location

NEW YORK, NY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

107

Business Age Description

Existing or more than 2 years old

Data Source: SBA.