PPP Loan information for Newel, llc

$280,305

Newel, llc was initially approved for PPP Loan of amount $280,305, the current approved amount is $280,305. The loan was approved on 04/14/2020 by The Valley National Bank reported 17 jobs and $280,305 was used to fund payroll.

Newel, llc is Existing or more than 2 years old

PPP Loan Search / NY / LONG ISLAND CITY / Newel, llc

NEWEL, LLC

Date Approved

04/14/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

NEWEL, LLC

Borrower Address

32-00 Skillman Ave LIC

Borrower City

LONG ISLAND CITY

Borrower State

NY

Borrower Zip

11101

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

280305.00

Current Approval Amount

280305.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LONG ISLAND CITY

Project County Name

QUEENS

Project State

NY

Project Zip

11101-0001

CD

NY-07

Jobs Reported

17

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

280305.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

282819.96

Forgiveness Date

03/11/2021

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