PPP Loan information for New line communications, inc.

$216,935

New line communications, inc. was initially approved for PPP Loan of amount $216,935, the current approved amount is $216,935. The loan was approved on 04/27/2020 by The Manufacturers and Traders Trust Company reported 8 jobs and $216,935 was used to fund payroll.

New line communications, inc. is Existing or more than 2 years old

NEW LINE COMMUNICATIONS, INC.

Date Approved

04/27/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

NEW LINE COMMUNICATIONS, INC.

Borrower Address

831 LINCOLN AVE Unit 15

Borrower City

WEST CHESTER

Borrower State

PA

Borrower Zip

19380

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

216935.00

Current Approval Amount

216935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST CHESTER

Project County Name

CHESTER

Project State

PA

Project Zip

19380-0001

CD

PA-06

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

180135.00

Mortgage Interest Proceed

0.00

Rent Proceed

22000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2500.00

Debt Interest Proceed

7300

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

219342.09

Forgiveness Date

06/11/2021

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