PPP Loan information for New connect freight, inc

$378,800

New connect freight, inc was initially approved for PPP Loan of amount $378,800, the current approved amount is $378,800. The loan was approved on 04/27/2020 by The VelocitySBA, LLC reported 27 jobs and $378,800 was used to fund payroll.

New connect freight, inc is Existing or more than 2 years old

PPP Loan Search / CA / LONG BEACH / New connect freight, inc

NEW CONNECT FREIGHT, INC

Date Approved

04/27/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

NEW CONNECT FREIGHT, INC

Borrower Address

2807 EL PRESIDIO ST

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90810-1120

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

378800.00

Current Approval Amount

378800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

507814

Servicing Lender Name

VelocitySBA, LLC

Servicing Lender Address

695 Town Center Drive Suite 240

Servicing Lender City

Costa Mesa

Servicing Lender State

CA

Servicing Lender Zip

92626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90810-1120

CD

CA-44

Jobs Reported

27

NAICS Code

484110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

378800.00

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

507814

Originating Lender

VelocitySBA, LLC

Originating Lender City

Costa Mesa

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

370659.16

Forgiveness Date

11/05/2020

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