128 AC INC. (NY) - 2020 PPP Loan Borrower Profile (# 1160227702)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 128 AC INC.. 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

1160227702

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$42,322

Date Loan was Approved

May 1, 2020

Amount Forgiven

$42,692.98

Date Loan was Forgiven

Mar 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

500

Payroll Proced

33,822

Rent Proceed

8,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

238220

Borrower Location

BROOKLYN, NY

Project Location

BROOKLYN, NY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.