550 RESTAURANT LLC (NY) - 2020 PPP Loan Borrower Profile (# 2632498408)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 550 RESTAURANT 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

2632498408

SBA Office Code

0248

Processing Method

PPP

Curent Loan Amount

$1,320.82

Date Loan was Approved

Feb 3, 2021

Amount Forgiven

$1,333.59

Date Loan was Forgiven

Jan 19, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,318.82

Lender

The Adirondack Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

Ballston Spa, NY

Project Location

Ballston Spa, NY

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.