PPP Loan information for Newtech recycling, inc.

$217,730

Newtech recycling, inc. was initially approved for PPP Loan of amount $217,730, the current approved amount is $217,730. The loan was approved on 04/09/2020 by The Unity Bank reported 21 jobs and $217,730 was used to fund payroll.

Newtech recycling, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / SOMERSET / Newtech recycling, inc.

NEWTECH RECYCLING, INC.

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWTECH RECYCLING, INC.

Borrower Address

600a Apgar Drive

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

08873-1180

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

217730.00

Current Approval Amount

217730.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-1180

CD

NJ-12

Jobs Reported

21

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21773.00

Payroll Proceed

152411.00

Mortgage Interest Proceed

0.00

Rent Proceed

43546.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

219066.62

Forgiveness Date

11/30/2020

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