PPP Loan information for New age distributing inc.

$631,000

New age distributing inc. was initially approved for PPP Loan of amount $631,000, the current approved amount is $631,000. The loan was approved on 04/09/2020 by The First National Bank reported 83 jobs and $631,000 was used to fund payroll.

New age distributing inc. is Existing or more than 2 years old

NEW AGE DISTRIBUTING INC.

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

NEW AGE DISTRIBUTING INC.

Borrower Address

1400 East 28th Street

Borrower City

Little Rock

Borrower State

AR

Borrower Zip

72206

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

631000.00

Current Approval Amount

631000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Little Rock

Project County Name

PULASKI

Project State

AR

Project Zip

72206-1000

CD

AR-02

Jobs Reported

83

NAICS Code

492210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

631000.00

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

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

635598.52

Forgiveness Date

01/13/2021

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