PPP Loan information for New world construction inc.

$19,900

New world construction inc. was initially approved for PPP Loan of amount $50,000, the current approved amount is $19,900. The loan was approved on 03/24/2021 by The Newtek Small Business Finance, Inc. reported 15 jobs and $19,900 was used to fund payroll.

New world construction inc. is Existing or more than 2 years old

NEW WORLD CONSTRUCTION INC.

Date Approved

03/24/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

NEW WORLD CONSTRUCTION INC.

Borrower Address

722 Dulaney Valley Rd

Borrower City

Towson

Borrower State

MD

Borrower Zip

21204-5109

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

19900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Towson

Project County Name

BALTIMORE

Project State

MD

Project Zip

21204-5109

CD

MD-02

Jobs Reported

15

NAICS Code

236220

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

19900.00

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

Corporation

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

19957.49

Forgiveness Date

08/27/2021

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