PPP Loan information for New generation express inc

$90,000

New generation express inc was initially approved for PPP Loan of amount $90,000, the current approved amount is $90,000. The loan was approved on 03/24/2021 by The Cross River Bank reported 5 jobs and $90,000 was used to fund payroll.

New generation express inc is Existing or more than 2 years old

NEW GENERATION EXPRESS INC

Date Approved

03/24/2021

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NEW GENERATION EXPRESS INC

Borrower Address

93 Cantal Ct

Borrower City

Wheeling

Borrower State

IL

Borrower Zip

60090-6778

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90000.00

Current Approval Amount

90000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wheeling

Project County Name

COOK

Project State

IL

Project Zip

60090-6778

CD

IL-09

Jobs Reported

5

NAICS Code

484110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

89998.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90754.52

Forgiveness Date

01/26/2022

;