59 MACT CORP. (NY) - 2020 PPP Loan Borrower Profile (# 1575757710)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 59 MACT 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

1575757710

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$124,327

Date Loan was Approved

May 1, 2020

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

3 Months

Utilities Proced

24,327

Payroll Proced

58,000

Rent Proceed

36,200

Health Care Proceed

2,300

Debt Interest Proceed

3,500

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

999990

Borrower Location

NEW YORK, NY

Project Location

NEW YORK, NY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.