PPP Loan information for New era converting machinery, inc.

$1,458,783

New era converting machinery, inc. was initially approved for PPP Loan of amount $1,458,783, the current approved amount is $1,458,783. The loan was approved on 04/08/2020 by The Columbia Bank reported 85 jobs and $1,458,783 was used to fund payroll.

New era converting machinery, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / PATERSON / New era converting machinery, inc.

NEW ERA CONVERTING MACHINERY, INC.

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEW ERA CONVERTING MACHINERY, INC.

Borrower Address

235 MCLEAN BLVD

Borrower City

PATERSON

Borrower State

NJ

Borrower Zip

07504-1235

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1458782.50

Current Approval Amount

1458782.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80189

Servicing Lender Name

Columbia Bank

Servicing Lender Address

19-01 Rte 208 N

Servicing Lender City

FAIR LAWN

Servicing Lender State

NJ

Servicing Lender Zip

07410-2832

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PATERSON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07504-1235

CD

NJ-09

Jobs Reported

85

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1458782.50

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

Corporation

Originating Lender Location Id

80189

Originating Lender

Columbia Bank

Originating Lender City

FAIR LAWN

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1468454.43

Forgiveness Date

12/17/2020

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