PPP Loan information for New world video inc

$60,029

New world video inc was initially approved for PPP Loan of amount $60,029, the current approved amount is $60,029. The loan was approved on 04/29/2020 by The Wells Fargo Bank, National Association reported 3 jobs and $60,029 was used to fund payroll.

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

NEW WORLD VIDEO INC

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEW WORLD VIDEO INC

Borrower Address

302 WASHINGTON AVENUE SUITE 105

Borrower City

SPRING LAKE

Borrower State

NJ

Borrower Zip

07762

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60029.00

Current Approval Amount

60029.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRING LAKE

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07762-0001

CD

NJ-04

Jobs Reported

3

NAICS Code

512110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60029.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60663.83

Forgiveness Date

05/28/2021

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