PPP Loan information for New world electronics, inc

$87,400

New world electronics, inc was initially approved for PPP Loan of amount $87,400, the current approved amount is $87,400. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 9 jobs and $87,400 was used to fund payroll.

New world electronics, inc is Unanswered

PPP Loan Search / AL / BAYOU LA BATRE / New world electronics, inc

NEW WORLD ELECTRONICS, INC

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

NEW WORLD ELECTRONICS, INC

Borrower Address

PO BOX 387

Borrower City

BAYOU LA BATRE

Borrower State

AL

Borrower Zip

36509-0387

Loan Status Date

06/14/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87400.00

Current Approval Amount

87400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

BAYOU LA BATRE

Project County Name

MOBILE

Project State

AL

Project Zip

36509-0387

CD

AL-01

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87400.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

80757.04

Forgiveness Date

08/27/2021

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