PPP Loan information for New wave telecom and technologies inc.

$2,000,000

New wave telecom and technologies inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/31/2021 by The Sandy Spring Bank reported 295 jobs and $2,000,000 was used to fund payroll.

New wave telecom and technologies inc. is Existing or more than 2 years old

PPP Loan Search / MD / Elkridge / New wave telecom and technologies inc.

NEW WAVE TELECOM AND TECHNOLOGIES INC.

Date Approved

01/31/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

NEW WAVE TELECOM AND TECHNOLOGIES INC.

Borrower Address

6518 Meadowridge Rd

Borrower City

Elkridge

Borrower State

MD

Borrower Zip

21075-6403

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elkridge

Project County Name

HOWARD

Project State

MD

Project Zip

21075-6403

CD

MD-03

Jobs Reported

295

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2018356.16

Forgiveness Date

01/07/2022

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