1 & 3 ON 5TH CORP. (NY) - 2020 PPP Loan Borrower Profile (# 1425937710)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 1 & 3 ON 5TH 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
1425937710
SBA Office Code
0202
Processing Method
PPP
Curent Loan Amount
$70,787
Date Loan was Approved
May 1, 2020
Amount Forgiven
$
Date Loan was Forgiven
Loan Status
Charged Off
Loan Term
6 Months
Utilities Proced
5,000
Payroll Proced
35,787
Rent Proceed
30,000
Lender
JPMorgan Chase Bank, National Association
Business Detail
Business Type
Corporation
NAICS
561990
Borrower Location
BROOKLYN, NY
Project Location
BROOKLYN, NY
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
13
Business Age Description
Existing or more than 2 years old
Data Source: SBA.