PPP Loan information for New world group inc

$374,700

New world group inc was initially approved for PPP Loan of amount $374,700, the current approved amount is $374,700. The loan was approved on 01/25/2021 by The PNC Bank, National Association reported 17 jobs and $374,700 was used to fund payroll.

New world group inc is Existing or more than 2 years old

NEW WORLD GROUP INC

Date Approved

01/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NEW WORLD GROUP INC

Borrower Address

500 County Ave

Borrower City

Secaucus

Borrower State

NJ

Borrower Zip

07094-2607

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

374700.00

Current Approval Amount

374700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Secaucus

Project County Name

HUDSON

Project State

NJ

Project Zip

07094-2607

CD

NJ-09

Jobs Reported

17

NAICS Code

541820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

374699.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

377468.62

Forgiveness Date

10/20/2021

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