PPP Loan information for New generation transportation inc

$39,520

New generation transportation inc was initially approved for PPP Loan of amount $39,520, the current approved amount is $39,520. The loan was approved on 02/03/2021 by The Fall River Five Cents Savings Bank d/b/a BankFive reported 5 jobs and $39,520 was used to fund payroll.

New generation transportation inc is Existing or more than 2 years old

NEW GENERATION TRANSPORTATION INC

Date Approved

02/03/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

NEW GENERATION TRANSPORTATION INC

Borrower Address

130 Swindells St

Borrower City

Fall River

Borrower State

MA

Borrower Zip

02723-3725

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39520.47

Current Approval Amount

39520.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32792

Servicing Lender Name

Fall River Five Cents Savings Bank d/b/a BankFive

Servicing Lender Address

79 N Main St

Servicing Lender City

FALL RIVER

Servicing Lender State

MA

Servicing Lender Zip

02720-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fall River

Project County Name

BRISTOL

Project State

MA

Project Zip

02723-3725

CD

MA-04

Jobs Reported

5

NAICS Code

485999

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39518.47

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

32792

Originating Lender

Fall River Five Cents Savings Bank d/b/a BankFive

Originating Lender City

FALL RIVER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39807.40

Forgiveness Date

10/29/2021

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