Date Approved
06/26/2020
SBA Office Code
0341
Processing Method
PPP
Borrower Name
NEW GEAR INC
Borrower Address
651 North Broad Street 206
Borrower City
Middletown
Borrower State
DE
Borrower Zip
19709-1052
Loan Status Date
06/16/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
24640.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
456756
Servicing Lender Name
Cross River Bank
Servicing Lender Address
885 Teaneck Rd
Servicing Lender City
TEANECK
Servicing Lender State
NJ
Servicing Lender Zip
07666-4546
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
NEW CASTLE
Project State
Project Zip
CD
DE-
Jobs Reported
2
NAICS Code
812990
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
24858.72
Forgiveness Date
05/20/2021