PPP Loan information for New road

$130,440

New road was initially approved for PPP Loan of amount $130,440, the current approved amount is $130,440. The loan was approved on 05/20/2021 by The Texas National Bank reported 10 jobs and $130,440 was used to fund payroll.

New road is Existing or more than 2 years old

NEW ROAD

Date Approved

05/20/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

NEW ROAD

Borrower Address

1901 West Magnolia Boulevardnull 1901 West Magnolia Boulevardnull

Borrower City

Burbank

Borrower State

CA

Borrower Zip

91506

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130440.00

Current Approval Amount

130440.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71432

Servicing Lender Name

Texas National Bank

Servicing Lender Address

201 S Texas Ave

Servicing Lender City

MERCEDES

Servicing Lender State

TX

Servicing Lender Zip

78570-3123

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burbank

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91506

CD

CA-28

Jobs Reported

10

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

130440.00

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

71432

Originating Lender

Texas National Bank

Originating Lender City

MERCEDES

Originating Lender State

TX

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

130845.81

Forgiveness Date

10/13/2021

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