PPP Loan information for Newark wire works inc

$142,958

Newark wire works inc was initially approved for PPP Loan of amount $142,958, the current approved amount is $142,958. The loan was approved on 04/07/2020 by The Loan Source Incorporated reported 16 jobs and $142,958 was used to fund payroll.

Newark wire works inc is Existing or more than 2 years old

PPP Loan Search / NJ / EDISON / Newark wire works inc

NEWARK WIRE WORKS INC

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWARK WIRE WORKS INC

Borrower Address

1059 KING GEORGE POST RD

Borrower City

EDISON

Borrower State

NJ

Borrower Zip

08837

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

142958.12

Current Approval Amount

142958.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDISON

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08837-2000

CD

NJ-06

Jobs Reported

16

NAICS Code

332618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10502.00

Payroll Proceed

93117.15

Mortgage Interest Proceed

0.00

Rent Proceed

14200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20946.85

Debt Interest Proceed

4192

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

144442.41

Forgiveness Date

04/29/2021

;