7 GERARD LLC (NY) - 2020 PPP Loan Borrower Profile (# 2487887708)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 7 GERARD 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

2487887708

SBA Office Code

0235

Processing Method

PPP

Curent Loan Amount

$210,792

Date Loan was Approved

May 1, 2020

Amount Forgiven

$212,748.74

Date Loan was Forgiven

Apr 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

22,698

Payroll Proced

158,094

Rent Proceed

30,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

999990

Borrower Location

HUNTINGTON, NY

Project Location

HUNTINGTON, NY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.