PPP Loan information for Newgen technologies inc

$849,720

Newgen technologies inc was initially approved for PPP Loan of amount $849,720, the current approved amount is $849,720. The loan was approved on 04/15/2020 by The Bank of America, National Association reported 50 jobs and $849,720 was used to fund payroll.

Newgen technologies inc is New Business or 2 years or less

PPP Loan Search / MD / FULTON / Newgen technologies inc

NEWGEN TECHNOLOGIES INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

NEWGEN TECHNOLOGIES INC

Borrower Address

7249 PRESERVATION CT

Borrower City

FULTON

Borrower State

MD

Borrower Zip

20759-2304

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

849720.00

Current Approval Amount

849720.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FULTON

Project County Name

HOWARD

Project State

MD

Project Zip

20759-2304

CD

MD-03

Jobs Reported

50

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

849720.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

855563.28

Forgiveness Date

12/30/2020

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