PPP Loan information for Newtrends enterprises

$18,750

Newtrends enterprises was initially approved for PPP Loan of amount $18,750, the current approved amount is $18,750. The loan was approved on 05/19/2020 by The Wells Fargo Bank, National Association reported 1 jobs and $18,750 was used to fund payroll.

Newtrends enterprises is New Business or 2 years or less

NEWTRENDS ENTERPRISES

Date Approved

05/19/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWTRENDS ENTERPRISES

Borrower Address

10 FALCON RIDGE CIRCLE

Borrower City

HOLMDEL

Borrower State

NJ

Borrower Zip

07733-1959

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18750.00

Current Approval Amount

18750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HOLMDEL

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07733-1959

CD

NJ-03

Jobs Reported

1

NAICS Code

722515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18750.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19039.73

Forgiveness Date

01/04/2022

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