Date Approved
04/15/2020
SBA Office Code
0455
Processing Method
PPP
Borrower Name
NEW AC INC
Borrower Address
8130 GLADES RD 383
Borrower City
BOCA RATON
Borrower State
FL
Borrower Zip
33434
Loan Status Date
11/13/2021
Loan Status
Charged Off
Term
4
SBA Guaranty Percentage
100
Initial Approval Amount
757500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
121536
Servicing Lender Name
Customers Bank
Servicing Lender Address
40 General Warren Blvd
Servicing Lender City
Malvern
Servicing Lender State
PA
Servicing Lender Zip
19355
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
PALM BEACH
Project State
Project Zip
33434-1603
CD
FL-23
Jobs Reported
84
NAICS Code
238910
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
499141
Originating Lender
Readycap Lending, LLC
Originating Lender City
BERKELEY HEIGHTS
Originating Lender State
NJ
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
Forgiveness Date