11-11 LIC DEVELOPMENT LLC (NY) - 2020 PPP Loan Borrower Profile (# 2850388702)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 11-11 LIC DEVELOPMENT 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

2850388702

SBA Office Code

0202

Processing Method

PPS

Curent Loan Amount

$349,212.6

Date Loan was Approved

Mar 30, 2021

Amount Forgiven

$253,304.24

Date Loan was Forgiven

May 12, 2022

Loan Status

Exemption 4

Loan Term

60 Months

Utilities Proced

Payroll Proced

349,207.6

Lender

The Bank of Princeton

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

Long Island City, NY

Project Location

Long Island City, NY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.