PPP Loan information for New king inc.

$44,706

New king inc. was initially approved for PPP Loan of amount $44,706, the current approved amount is $44,706. The loan was approved on 01/22/2021 by The Village Bank reported 4 jobs and $44,706 was used to fund payroll.

New king inc. is Existing or more than 2 years old

NEW KING INC.

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NEW KING INC.

Borrower Address

5927 John Martin Dr

Borrower City

Brooklyn Center

Borrower State

MN

Borrower Zip

55430-2572

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44705.50

Current Approval Amount

44705.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118028

Servicing Lender Name

Village Bank

Servicing Lender Address

3350 Bridge St NW

Servicing Lender City

SAINT FRANCIS

Servicing Lender State

MN

Servicing Lender Zip

55070-9732

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn Center

Project County Name

HENNEPIN

Project State

MN

Project Zip

55430-2572

CD

MN-05

Jobs Reported

4

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

44705.50

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

118028

Originating Lender

Village Bank

Originating Lender City

SAINT FRANCIS

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44956.59

Forgiveness Date

08/23/2021

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