PPP Loan information for Newgen assets llc

$123,600

Newgen assets llc was initially approved for PPP Loan of amount $123,600, the current approved amount is $123,600. The loan was approved on 04/10/2020 by The Resource Bank, National Association reported 27 jobs and $123,600 was used to fund payroll.

Newgen assets llc is Existing or more than 2 years old

PPP Loan Search / IL / DEKALB / Newgen assets llc

NEWGEN ASSETS LLC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NEWGEN ASSETS LLC

Borrower Address

663 S. ANNIE GLIDDEN RD

Borrower City

DEKALB

Borrower State

IL

Borrower Zip

60115-5839

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123600.00

Current Approval Amount

123600.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

21856

Servicing Lender Name

Resource Bank, National Association

Servicing Lender Address

555 Bethany Rd

Servicing Lender City

DEKALB

Servicing Lender State

IL

Servicing Lender Zip

60115-4941

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DEKALB

Project County Name

DEKALB

Project State

IL

Project Zip

60115-5839

CD

IL-14

Jobs Reported

27

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

93000.00

Mortgage Interest Proceed

20600.00

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

21856

Originating Lender

Resource Bank, National Association

Originating Lender City

DEKALB

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

124698.67

Forgiveness Date

03/02/2021

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