PPP Loan information for New world forest products, inc.

$145,762

New world forest products, inc. was initially approved for PPP Loan of amount $156,942, the current approved amount is $145,762. The loan was approved on 04/09/2020 by The Bank of Commerce & Trust Company reported 14 jobs and $145,762 was used to fund payroll.

New world forest products, inc. is Existing or more than 2 years old

PPP Loan Search / LA / CROWLEY / New world forest products, inc.

NEW WORLD FOREST PRODUCTS, INC.

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

NEW WORLD FOREST PRODUCTS, INC.

Borrower Address

1622 W MILL ST

Borrower City

CROWLEY

Borrower State

LA

Borrower Zip

70526-5412

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156942.00

Current Approval Amount

145762.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28199

Servicing Lender Name

Bank of Commerce & Trust Company

Servicing Lender Address

326 N Ave 'G'

Servicing Lender City

CROWLEY

Servicing Lender State

LA

Servicing Lender Zip

70526

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CROWLEY

Project County Name

ACADIA

Project State

LA

Project Zip

70526-5412

CD

LA-03

Jobs Reported

14

NAICS Code

321999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

109322.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

36440.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

28199

Originating Lender

Bank of Commerce & Trust Company

Originating Lender City

CROWLEY

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

146948.34

Forgiveness Date

02/04/2021

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