PPP Loan information for New gen technologies & management inc

$120,773

New gen technologies & management inc was initially approved for PPP Loan of amount $120,773, the current approved amount is $120,773. The loan was approved on 04/08/2020 by The Norway Savings Bank reported 11 jobs and $120,773 was used to fund payroll.

New gen technologies & management inc is Existing or more than 2 years old

NEW GEN TECHNOLOGIES & MANAGEMENT INC

Date Approved

04/08/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

NEW GEN TECHNOLOGIES & MANAGEMENT INC

Borrower Address

675 Main St

Borrower City

SOUTH PORTLAND

Borrower State

ME

Borrower Zip

04106-5422

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120772.50

Current Approval Amount

120772.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29763

Servicing Lender Name

Norway Savings Bank

Servicing Lender Address

261 Main St

Servicing Lender City

NORWAY

Servicing Lender State

ME

Servicing Lender Zip

04268-5915

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTH PORTLAND

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04106-5422

CD

ME-01

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

120772.50

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

29763

Originating Lender

Norway Savings Bank

Originating Lender City

NORWAY

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

112455.38

Forgiveness Date

11/27/2020

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