PPP Loan information for New gear inc

$24,640

New gear inc was initially approved for PPP Loan of amount $24,640, the current approved amount is $24,640. The loan was approved on 06/26/2020 by The Cross River Bank reported 2 jobs and $24,640 was used to fund payroll.

New gear inc is Unanswered

NEW GEAR INC

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

24640.00

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

N

Business Age Description

Unanswered

Project City

Middletown

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19709-1052

CD

DE-

Jobs Reported

2

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24640.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24858.72

Forgiveness Date

05/20/2021

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