PPP Loan information for New loan co. wm. s. rich & son inc.

$404,692

New loan co. wm. s. rich & son inc. was initially approved for PPP Loan of amount $524,209, the current approved amount is $404,692. The loan was approved on 04/14/2020 by The Hanover Community Bank reported 38 jobs and $404,692 was used to fund payroll.

New loan co. wm. s. rich & son inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / New loan co. wm. s. rich & son inc.

NEW LOAN CO. WM. S. RICH & SON INC.

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEW LOAN CO. WM. S. RICH & SON INC.

Borrower Address

857 Broad St

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07081

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

524208.92

Current Approval Amount

404691.73

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462816

Servicing Lender Name

Hanover Community Bank

Servicing Lender Address

80 East Jericho Turnpike

Servicing Lender City

Mineola

Servicing Lender State

NY

Servicing Lender Zip

11501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

UNION

Project State

NJ

Project Zip

07081-0001

CD

NJ-07

Jobs Reported

38

NAICS Code

522291

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

404691.73

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

462816

Originating Lender

Hanover Community Bank

Originating Lender City

Mineola

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

410964.45

Forgiveness Date

11/16/2021

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