PPP Loan information for Newgen aviation corporation

$230,100

Newgen aviation corporation was initially approved for PPP Loan of amount $230,100, the current approved amount is $230,100. The loan was approved on 04/28/2020 by The First Bank reported 56 jobs and $230,100 was used to fund payroll.

Newgen aviation corporation is Existing or more than 2 years old

NEWGEN AVIATION CORPORATION

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEWGEN AVIATION CORPORATION

Borrower Address

1002 N CHURCH ST Ste 301

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27401-1449

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230100.00

Current Approval Amount

230100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27401-1449

CD

NC-06

Jobs Reported

56

NAICS Code

488190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

230100.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

159243.70

Forgiveness Date

12/09/2021

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