PPP Loan information for New world medical inc.

$2,000,000

New world medical 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 03/05/2021 by The City National Bank reported 128 jobs and $2,000,000 was used to fund payroll.

New world medical inc. is Existing or more than 2 years old

NEW WORLD MEDICAL INC.

Date Approved

03/05/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

NEW WORLD MEDICAL INC.

Borrower Address

10763 Edison Ct

Borrower City

Rancho Cucamonga

Borrower State

CA

Borrower Zip

91730-4844

Loan Status Date

01/31/2022

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

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rancho Cucamonga

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

91730-4844

CD

CA-35

Jobs Reported

128

NAICS Code

339112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2017260.27

Forgiveness Date

01/18/2022

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