PPP Loan information for New world logistics service inc

$50,000

New world logistics service inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 01/30/2021 by The Bank of America, National Association reported 5 jobs and $50,000 was used to fund payroll.

New world logistics service inc is Existing or more than 2 years old

NEW WORLD LOGISTICS SERVICE INC

Date Approved

01/30/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

NEW WORLD LOGISTICS SERVICE INC

Borrower Address

2201 Termino Ave

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90815-2516

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90815-2516

CD

CA-42

Jobs Reported

5

NAICS Code

488999

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49997.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50684.93

Forgiveness Date

06/16/2022

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