PPP Loan information for New products corporation

$643,720

New products corporation was initially approved for PPP Loan of amount $643,720, the current approved amount is $643,720. The loan was approved on 03/27/2021 by The JPMorgan Chase Bank, National Association reported 44 jobs and $643,720 was used to fund payroll.

New products corporation is Existing or more than 2 years old

PPP Loan Search / MI / Benton Harbor / New products corporation

NEW PRODUCTS CORPORATION

Date Approved

03/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NEW PRODUCTS CORPORATION

Borrower Address

448 N Shore Dr

Borrower City

Benton Harbor

Borrower State

MI

Borrower Zip

49022-3644

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

643720.00

Current Approval Amount

643720.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Benton Harbor

Project County Name

BERRIEN

Project State

MI

Project Zip

49022-3644

CD

MI-06

Jobs Reported

44

NAICS Code

331523

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

643716.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

650484.07

Forgiveness Date

04/21/2022

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