PPP Loan information for New money promotions, inc.

$53,002

New money promotions, inc. was initially approved for PPP Loan of amount $53,002, the current approved amount is $53,002. The loan was approved on 06/24/2020 by The Fed – Kabbage reported 4 jobs and $53,002 was used to fund payroll.

New money promotions, inc. is Existing or more than 2 years old

NEW MONEY PROMOTIONS, INC.

Date Approved

06/24/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEW MONEY PROMOTIONS, INC.

Borrower Address

1521 Wabash pl

Borrower City

Atlantic city

Borrower State

NJ

Borrower Zip

08401-2317

Loan Status Date

12/22/2021

Loan Status

Charged Off

Term

33

SBA Guaranty Percentage

100

Initial Approval Amount

53002.00

Current Approval Amount

53002.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

593324

Servicing Lender Name

Fed – Kabbage

Servicing Lender Address

925B Peachtree Street NE

Servicing Lender City

Atlanta

Servicing Lender State

GA

Servicing Lender Zip

30309

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Atlantic city

Project County Name

ATLANTIC

Project State

NJ

Project Zip

08401-2317

CD

NJ-02

Jobs Reported

4

NAICS Code

711320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53002.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;