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Rising Ground

Brooklyn, NY 11201

The loans, in SBA’s record

$10.0 million
Approved
$10,000,000
The amount of every loan as it now stands, added together.
1
Loan
1 first draw.
$10.1 million
Forgiven
$10,146,667
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $10,000,000
By the amount SBA approved, ranks 7th of 10,688,106 borrowers nationally, 1st of 692,121 in New York and 1st of 100,908 in the project’s county, Kings, NY. Larger than 99% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

4 more columns on a wider screen

Paycheck Protection Program loans to Rising Ground, as SBA recorded them
Approved onAmountStatusForgiven
April 21, 2021$10,000,000Paid in Full$10,146,667

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved

Rising Ground: $10.0 million in PPP loans (2021)