PPP Loan information for New editions, inc.

$1,019,800

New editions, inc. was initially approved for PPP Loan of amount $1,019,800, the current approved amount is $1,019,800. The loan was approved on 04/06/2020 by The United Bank reported 57 jobs and $1,019,800 was used to fund payroll.

New editions, inc. is Existing or more than 2 years old

PPP Loan Search / VA / FALLS CHURCH / New editions, inc.

NEW EDITIONS, INC.

Date Approved

04/06/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

NEW EDITIONS, INC.

Borrower Address

103 W BROAD ST

Borrower City

FALLS CHURCH

Borrower State

VA

Borrower Zip

22046-4202

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1019800.00

Current Approval Amount

1019800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FALLS CHURCH

Project County Name

FALLS CHURCH CITY

Project State

VA

Project Zip

22046-4202

CD

VA-08

Jobs Reported

57

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1019800.00

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

Subchapter S Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

463985.55

Forgiveness Date

04/13/2021

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