PPP Loan information for New king inc.

$28,768

New king inc. was initially approved for PPP Loan of amount $28,768, the current approved amount is $28,768. The loan was approved on 06/08/2020 by The Village Bank reported 10 jobs and $28,768 was used to fund payroll.

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

NEW KING INC.

Date Approved

06/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEW KING INC.

Borrower Address

5927 JOHN MARTIN DR

Borrower City

BROOKLYN CENTER

Borrower State

MN

Borrower Zip

55430-2509

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28768.00

Current Approval Amount

28768.00

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

55430-2509

CD

MN-05

Jobs Reported

10

NAICS Code

722514

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28768.00

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

118028

Originating Lender

Village Bank

Originating Lender City

SAINT FRANCIS

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28933.51

Forgiveness Date

01/14/2021

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