PPP Loan information for New way general construction, inc.

$155,000

New way general construction, inc. was initially approved for PPP Loan of amount $155,000, the current approved amount is $155,000. The loan was approved on 04/09/2020 by The First National Bank of Scotia reported 24 jobs and $155,000 was used to fund payroll.

New way general construction, inc. is Existing or more than 2 years old

PPP Loan Search / NY / SCHENECTADY / New way general construction, inc.

NEW WAY GENERAL CONSTRUCTION, INC.

Date Approved

04/09/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

NEW WAY GENERAL CONSTRUCTION, INC.

Borrower Address

2166 Maxon RD

Borrower City

SCHENECTADY

Borrower State

NY

Borrower Zip

12308-1135

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155000.00

Current Approval Amount

155000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50241

Servicing Lender Name

First National Bank of Scotia

Servicing Lender Address

201 Mohawk Ave

Servicing Lender City

SCOTIA

Servicing Lender State

NY

Servicing Lender Zip

12302-2128

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCHENECTADY

Project County Name

SCHENECTADY

Project State

NY

Project Zip

12308-1135

CD

NY-20

Jobs Reported

24

NAICS Code

327215

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

155000.00

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

50241

Originating Lender

First National Bank of Scotia

Originating Lender City

SCOTIA

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

155856.81

Forgiveness Date

11/03/2020

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