PPP Loan information for Nu-world corporation

$5,249,510

Nu-world corporation was initially approved for PPP Loan of amount $5,249,510, the current approved amount is $5,249,510. The loan was approved on 04/28/2020 by The Valley National Bank reported 271 jobs and $5,249,510 was used to fund payroll.

Nu-world corporation is Existing or more than 2 years old

NU-WORLD CORPORATION

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NU-WORLD CORPORATION

Borrower Address

300 Milk St

Borrower City

Carteret

Borrower State

NJ

Borrower Zip

07008

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5249510.00

Current Approval Amount

5249510.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carteret

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07008-0001

CD

NJ-06

Jobs Reported

271

NAICS Code

325412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5249510.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5320232.57

Forgiveness Date

09/10/2021

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