PPP Loan information for New generation framing inc

$1,506,256

New generation framing inc was initially approved for PPP Loan of amount $1,506,256, the current approved amount is $1,506,256. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 150 jobs and $1,506,256 was used to fund payroll.

New generation framing inc is New Business or 2 years or less

NEW GENERATION FRAMING INC

Date Approved

05/01/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

NEW GENERATION FRAMING INC

Borrower Address

1240 N. 9TH STREET, SUITE 3

Borrower City

MODESTO

Borrower State

CA

Borrower Zip

95358

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1506256.00

Current Approval Amount

1506256.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MODESTO

Project County Name

STANISLAUS

Project State

CA

Project Zip

95358-0001

CD

CA-05

Jobs Reported

150

NAICS Code

238130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1506256.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1519585.33

Forgiveness Date

03/24/2021

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