PPP Loan information for New king inc.

$105,300

New king inc. was initially approved for PPP Loan of amount $105,300, the current approved amount is $105,300. The loan was approved on 04/07/2020 by The Liberty Bank reported 30 jobs and $105,300 was used to fund payroll.

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

NEW KING INC.

Date Approved

04/07/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

NEW KING INC.

Borrower Address

874 SILAS DEANE HWY

Borrower City

WETHERSFIELD

Borrower State

CT

Borrower Zip

06109-3412

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105300.00

Current Approval Amount

105300.00

Undisbursed Amount

0.00

Franchise Name

Burger King

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WETHERSFIELD

Project County Name

HARTFORD

Project State

CT

Project Zip

06109-3412

CD

CT-01

Jobs Reported

30

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

105300.00

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

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106092.68

Forgiveness Date

01/20/2021

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