Loans Issued BY Loan Source Incorporated

Loan Amount Company Name Location Lender
$2-5M EXPLORE CHARTER SCHOOLS OF BROOKLYN Brooklyn , NY Grow America Fund, Incorporated
$1-2M HDK CONSTRUCTION LLC New york , NY Loan Source Incorporated
$1-2M LEXINGTON MAINTENANCE LLC New york , NY Loan Source Incorporated
$350K-1M ARNELL CONSTRUCTION CORP. Brooklyn , NY Loan Source Incorporated
$350K-1M BANDUJO ADVERTISING + DESIGN, INC. New york , NY Grow America Fund, Incorporated
$350K-1M BARTH-GROSS ELECTRIC CO., INC. Long island city , NY Loan Source Incorporated
$350K-1M BTB SOFT, INC. New york , NY Grow America Fund, Incorporated
$350K-1M CONGREGATION TALMUD TORAH DCHASIDEI BOBOV OF MONSEY Spring valley , NY Loan Source Incorporated
$350K-1M DIAMOND MEDICAL GROUP, P.C. Wantagh , NY Loan Source Incorporated
$350K-1M DIEGO BEEKMAN MUTUAL HOUSING ASSOCIATION Bronx , NY Grow America Fund, Incorporated
$350K-1M EVERGREEN MECHANICAL CORP. Bronx , NY Loan Source Incorporated
$350K-1M GRACIE-MUSE RESTAURANT CORP. New york , NY Loan Source Incorporated
$350K-1M HMG PLUS, INC. Copake , NY Grow America Fund, Incorporated
$350K-1M LOMMA CONSTRUCTION CORP. Staten island , NY Loan Source Incorporated
$350K-1M METROGRAPH LLC New york , NY Grow America Fund, Incorporated
$350K-1M ROOSEVELT ISLAND RACQUET CLUB ASSOCIATES, LP Roosevelt island , NY Grow America Fund, Incorporated
$350K-1M SLS CAR WASH INC. Brooklyn , NY Grow America Fund, Incorporated
$350K-1M STREETSQUASH, INC New york , NY Grow America Fund, Incorporated
$350K-1M TIME SQUARE CONSTRUCTION INC New york , NY Loan Source Incorporated
$350K-1M UNICORN CONSTRUCTION ENT., INC Chestnut ridge , NY Loan Source Incorporated
$150K-350K 133 ESSEX RESTAURANT LLC New york , NY Grow America Fund, Incorporated
$150K-350K 3CS BLESSING INC Bronx , NY Grow America Fund, Incorporated
$150K-350K ABYSSINIAN DEVELOPMENT CORPORATION New york , NY Grow America Fund, Incorporated
$150K-350K ALL BORO CLEANING SERVICES INC Amityville , NY Loan Source Incorporated
$150K-350K ALUBUILD USA LLC New york , NY Loan Source Incorporated
$150K-350K AMG TRANSPORTATION INC Freeport , NY Grow America Fund, Incorporated
$150K-350K BOGMAN LLC Brooklyn , NY Grow America Fund, Incorporated
$150K-350K BOWERY RESTAURANT GROUP New york , NY Grow America Fund, Incorporated
$150K-350K BOWERY TECH RESTAURANT LLC New york , NY Grow America Fund, Incorporated
$150K-350K CIVIL TEC ENGINEERING & SURVEYING PC Suffern , NY Loan Source Incorporated
$150K-350K CRAVEN MANAGEMENT CORPORATION New york , NY Grow America Fund, Incorporated
$150K-350K DKN READY MIX LLC Brooklyn , NY Grow America Fund, Incorporated
$150K-350K EMPIRE WINE & SPIRITS, LLC Albany , NY Grow America Fund, Incorporated
$150K-350K FRINK-HAMLETT LEGAL SOLUTIONS New york , NY Loan Source Incorporated
$150K-350K GLOBAL AIRCRAFT DISPATCH INC Arverne , NY Grow America Fund, Incorporated

Frequently Asked Questions (FAQs)

A1: The CARES Act, officially known as the Coronavirus Aid, Relief, and Economic Security Act, is a federal law passed in March 2020 to provide economic relief to individuals, businesses, and healthcare providers affected by the COVID-19 pandemic.

The Paycheck Protection Program (PPP) is a part of the CARES Act designed to provide forgivable loans to small businesses to help cover payroll costs, rent, and other eligible expenses during the COVID-19 pandemic.

Small businesses, nonprofits, independent contractors, and self-employed individuals were generally eligible for PPP loans. Eligibility criteria and requirements may vary, so it's essential to check with the Small Business Administration (SBA) or your lender for specific details.

PPP loans were generally calculated based on a business's average monthly payroll costs. In most cases, businesses could receive up to 2.5 times their average monthly payroll costs, up to a maximum loan amount.

Yes, PPP loans are forgivable if the funds are used for eligible expenses like payroll, rent, and utilities. A certain percentage (usually 60% or more) of the loan must be used for payroll to qualify for full forgiveness

You can apply for a PPP loan through participating lenders, such as banks and credit unions. The SBA's website provides a list of lenders who participated in the program

Required documents typically include payroll records, tax forms, and other financial documents. Consult with your lender for specific documentation requirements

Deadlines for PPP loan applications have changed over time. It's essential to check the latest deadlines on the SBA's website or with your lender.

Yes, there is a second round of PPP loans (PPP2) available to eligible businesses. Requirements and eligibility criteria for PPP2 may differ from the first round.

You can request loan forgiveness through your lender by submitting the required documentation and forms. The forgiveness application process may vary based on the size and terms of your loan.