550 UNION LLC (NY) - 2020 PPP Loan Borrower Profile (# 5744457006)

Updated on April 18, 2025.

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

5744457006

SBA Office Code

0248

Processing Method

PPP

Curent Loan Amount

$12,490

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$12,586.16

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

12,490

Lender

First National Bank of Scotia

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

531120

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.