PPP Loan information for New world car imports inc

$470,500

New world car imports inc was initially approved for PPP Loan of amount $470,500, the current approved amount is $470,500. The loan was approved on 04/13/2020 by The Broadway National Bank reported 61 jobs and $470,500 was used to fund payroll.

New world car imports inc is Existing or more than 2 years old

PPP Loan Search / TX / NEW BRAUNFELS / New world car imports inc

NEW WORLD CAR IMPORTS INC

Date Approved

04/13/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

NEW WORLD CAR IMPORTS INC

Borrower Address

3363 INTERSTATE 35 S

Borrower City

NEW BRAUNFELS

Borrower State

TX

Borrower Zip

78132-5269

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

470500.00

Current Approval Amount

470500.00

Undisbursed Amount

0.00

Franchise Name

Mazda North American Operations Dealer Agreement

Servicing Lender Location Id

71727

Servicing Lender Name

Broadway National Bank

Servicing Lender Address

1177 NE Loop 410

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78209-1517

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BRAUNFELS

Project County Name

COMAL

Project State

TX

Project Zip

78132-5269

CD

TX-21

Jobs Reported

61

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

58812.00

Payroll Proceed

352875.00

Mortgage Interest Proceed

0.00

Rent Proceed

58813.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

71727

Originating Lender

Broadway National Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

473675.88

Forgiveness Date

12/22/2020

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