PPP Loan information for Newfangled web factory inc

$254,140

Newfangled web factory inc was initially approved for PPP Loan of amount $254,140, the current approved amount is $254,140. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 15 jobs and $254,140 was used to fund payroll.

Newfangled web factory inc is New Business or 2 years or less

PPP Loan Search / NC / CHAPEL HILL / Newfangled web factory inc

NEWFANGLED WEB FACTORY INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEWFANGLED WEB FACTORY INC

Borrower Address

601 W ROSEMARY ST UNIT 213

Borrower City

CHAPEL HILL

Borrower State

NC

Borrower Zip

27516-2363

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254140.00

Current Approval Amount

254140.00

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

New Business or 2 years or less

Project City

CHAPEL HILL

Project County Name

ORANGE

Project State

NC

Project Zip

27516-2363

CD

NC-04

Jobs Reported

15

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

254140.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

256319.34

Forgiveness Date

03/11/2021

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