242 WOOD FOOD INC (NY) - 2020 PPP Loan Borrower Profile (# 1200397103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 242 WOOD FOOD 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

1200397103

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$258,900

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$263,460.9

Date Loan was Forgiven

Feb 1, 2022

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

258,900

Lender

Readycap Lending, LLC

Business Detail

Business Type

Sole Proprietorship

NAICS

722515

Borrower Location

CHANTILLY, NY

Project Location

CHANTILLY, NY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.