PPP Loan information for New american embroiery, inc

$387,685

New american embroiery, inc was initially approved for PPP Loan of amount $387,685, the current approved amount is $387,685. The loan was approved on 05/01/2020 by The Cross River Bank reported 32 jobs and $387,685 was used to fund payroll.

New american embroiery, inc is Existing or more than 2 years old

NEW AMERICAN EMBROIERY, INC

Date Approved

05/01/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

NEW AMERICAN EMBROIERY, INC

Borrower Address

1208 GEER HWY

Borrower City

TRAVELERS RST

Borrower State

SC

Borrower Zip

29690

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

387685.00

Current Approval Amount

387685.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVELERS RST

Project County Name

GREENVILLE

Project State

SC

Project Zip

29690-0001

CD

SC-04

Jobs Reported

32

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

387685.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

390276.65

Forgiveness Date

01/07/2021

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