PPP Loan information for Newmedical technology inc

$372,115

Newmedical technology inc was initially approved for PPP Loan of amount $372,115, the current approved amount is $372,115. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 30 jobs and $372,115 was used to fund payroll.

Newmedical technology inc is Existing or more than 2 years old

PPP Loan Search / IL / NORTHBROOK / Newmedical technology inc

NEWMEDICAL TECHNOLOGY INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NEWMEDICAL TECHNOLOGY INC

Borrower Address

310 ERA DR

Borrower City

NORTHBROOK

Borrower State

IL

Borrower Zip

60062

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

372115.00

Current Approval Amount

372115.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHBROOK

Project County Name

COOK

Project State

IL

Project Zip

60062-0400

CD

IL-10

Jobs Reported

30

NAICS Code

339113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

350115.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

376774.71

Forgiveness Date

08/05/2021

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