1042 MANAGEMENT CORP (NY) - 2020 PPP Loan Borrower Profile (# 7885667710)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1042 MANAGEMENT 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

7885667710

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$80,000

Date Loan was Approved

May 1, 2020

Amount Forgiven

$78,801.01

Date Loan was Forgiven

Feb 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

80,000

Lender

Cross River Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

Borrower Location

Bronx, NY

Project Location

Bronx, NY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.