242 WEST 76 HOTEL CORP (NY) - 2020 PPP Loan Borrower Profile (# 4672587201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 242 WEST 76 HOTEL 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

4672587201

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$145,598

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$146,956.91

Date Loan was Forgiven

Apr 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

17,471

Payroll Proced

110,655

Mortgage Interest Proceed

17,472

Lender

Israel Discount Bank of New York

Business Detail

Business Type

Subchapter S Corporation

NAICS

721110

Borrower Location

NEW YORK, NY

Project Location

NEW YORK, NY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.