PPP Loan information for New years inc

$32,975

New years inc was initially approved for PPP Loan of amount $32,975, the current approved amount is $32,975. The loan was approved on 01/27/2021 by The The Fidelity Bank reported 9 jobs and $32,975 was used to fund payroll.

New years inc is Existing or more than 2 years old

NEW YEARS INC

Date Approved

01/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

NEW YEARS INC

Borrower Address

37 E Main St

Borrower City

Martinsville

Borrower State

VA

Borrower Zip

24112-2719

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32975.00

Current Approval Amount

32975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Martinsville

Project County Name

MARTINSVILLE CITY

Project State

VA

Project Zip

24112-2719

CD

VA-09

Jobs Reported

9

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32975.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

33302.00

Forgiveness Date

01/26/2022

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