53 PHARMACY INC. (NY) - 2020 PPP Loan Borrower Profile (# 2240637701)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 53 PHARMACY 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

2240637701

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$78,660

Date Loan was Approved

May 1, 2020

Amount Forgiven

$79,360.21

Date Loan was Forgiven

Mar 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

400

Payroll Proced

31,450

Rent Proceed

44,942

Health Care Proceed

1,868

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

446110

Borrower Location

BROOKLYN, NY

Project Location

BROOKLYN, NY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

120

Business Age Description

Existing or more than 2 years old

Data Source: SBA.