PPP Loan information for New era life insurance company

$2,850,360

New era life insurance company was initially approved for PPP Loan of amount $2,850,360, the current approved amount is $2,850,360. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 272 jobs and $2,850,360 was used to fund payroll.

New era life insurance company is Existing or more than 2 years old

NEW ERA LIFE INSURANCE COMPANY

Date Approved

04/10/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

NEW ERA LIFE INSURANCE COMPANY

Borrower Address

11720 Katy Fwy Ste 1700 0.0

Borrower City

Houston

Borrower State

TX

Borrower Zip

77079-1298

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2850360.00

Current Approval Amount

2850360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Houston

Project County Name

HARRIS

Project State

TX

Project Zip

77079-1298

CD

TX-38

Jobs Reported

272

NAICS Code

524113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2375122.00

Mortgage Interest Proceed

0.00

Rent Proceed

475238.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2886440.81

Forgiveness Date

07/26/2021

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