PPP Loan information for New way foods inc

$40,391

New way foods inc was initially approved for PPP Loan of amount $40,391, the current approved amount is $40,391. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 14 jobs and $40,391 was used to fund payroll.

New way foods inc is New Business or 2 years or less

PPP Loan Search / FL / NORTH MIAMI / New way foods inc

NEW WAY FOODS INC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

NEW WAY FOODS INC

Borrower Address

12955 NW 7TH AVE

Borrower City

NORTH MIAMI

Borrower State

FL

Borrower Zip

33168-2725

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40391.00

Current Approval Amount

40391.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NORTH MIAMI

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33168-2725

CD

FL-24

Jobs Reported

14

NAICS Code

445110

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40391.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40575.69

Forgiveness Date

02/25/2021

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