PPP Loan information for Newagesys inc

$3,244,768

Newagesys inc was initially approved for PPP Loan of amount $3,244,768, the current approved amount is $3,244,768. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 290 jobs and $3,244,768 was used to fund payroll.

Newagesys inc is New Business or 2 years or less

NEWAGESYS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWAGESYS INC

Borrower Address

600 ALEXANDER RD STE 3-3

Borrower City

PRINCETON

Borrower State

NJ

Borrower Zip

08540-6018

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3244768.00

Current Approval Amount

3244768.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PRINCETON

Project County Name

MERCER

Project State

NJ

Project Zip

08540-6018

CD

NJ-12

Jobs Reported

290

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3244768.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3284771.99

Forgiveness Date

07/29/2021

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