PPP Loan information for New ac inc

$757,500

New ac inc was initially approved for PPP Loan of amount $757,500, the current approved amount is $757,500. The loan was approved on 04/15/2020 by The Customers Bank reported 84 jobs and $757,500 was used to fund payroll.

New ac inc is New Business or 2 years or less

NEW AC INC

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

757500.00

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

N

Business Age Description

New Business or 2 years or less

Project City

BOCA RATON

Project County Name

PALM BEACH

Project State

FL

Project Zip

33434-1603

CD

FL-23

Jobs Reported

84

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

757500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

0.00

Forgiveness Date

;