PPP Loan information for New line communications inc

$253,940

New line communications inc was initially approved for PPP Loan of amount $253,940, the current approved amount is $253,940. The loan was approved on 03/05/2021 by The Manufacturers and Traders Trust Company reported 12 jobs and $253,940 was used to fund payroll.

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

NEW LINE COMMUNICATIONS INC

Date Approved

03/05/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

NEW LINE COMMUNICATIONS INC

Borrower Address

831 Lincoln Ave Unit 15

Borrower City

West Chester

Borrower State

PA

Borrower Zip

19380-4417

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

253940.00

Current Approval Amount

253940.00

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

19380-4417

CD

PA-06

Jobs Reported

12

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

253938.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

256319.38

Forgiveness Date

02/15/2022

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