574 WILLIS AVENUE CORP (NY) - 2020 PPP Loan Borrower Profile (# 1571087702)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 574 WILLIS AVENUE CORP. 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

1571087702

SBA Office Code

0235

Processing Method

PPP

Curent Loan Amount

$20,000

Date Loan was Approved

May 1, 2020

Amount Forgiven

$20,204.17

Date Loan was Forgiven

May 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

8,640

Payroll Proced

8,000

Mortgage Interest Proceed

360

Rent Proceed

3,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

811111

Borrower Location

WILLISTON PARK, NY

Project Location

WILLISTON PARK, NY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.