PPP Loan information for Newway forming inc

$3,000,000

Newway forming inc was initially approved for PPP Loan of amount $3,000,000, the current approved amount is $3,000,000. The loan was approved on 04/09/2020 by The Bank of America, National Association reported 146 jobs and $3,000,000 was used to fund payroll.

Newway forming inc is Existing or more than 2 years old

PPP Loan Search / WA / LYNNWOOD / Newway forming inc

NEWWAY FORMING INC

Date Approved

04/09/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

NEWWAY FORMING INC

Borrower Address

1133 164TH ST STE 206

Borrower City

LYNNWOOD

Borrower State

WA

Borrower Zip

98087-8192

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3000000.00

Current Approval Amount

3000000.00

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

Existing or more than 2 years old

Project City

LYNNWOOD

Project County Name

SNOHOMISH

Project State

WA

Project Zip

98087-8192

CD

WA-02

Jobs Reported

146

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3000000.00

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

2956851.76

Forgiveness Date

06/24/2021

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