PPP Loan information for Newmans heating & a/c llc

$157,500

Newmans heating & a/c llc was initially approved for PPP Loan of amount $157,500, the current approved amount is $157,500. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 150 jobs and $157,500 was used to fund payroll.

Newmans heating & a/c llc is Existing or more than 2 years old

PPP Loan Search / NJ / EAST ORANGE / Newmans heating & a/c llc

NEWMANS HEATING & A/C LLC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWMANS HEATING & A/C LLC

Borrower Address

123 HOFFMAN BLVD

Borrower City

EAST ORANGE

Borrower State

NJ

Borrower Zip

07017

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157500.00

Current Approval Amount

157500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EAST ORANGE

Project County Name

ESSEX

Project State

NJ

Project Zip

07017-0800

CD

NJ-10

Jobs Reported

150

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5500.00

Payroll Proceed

135000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7500.00

Debt Interest Proceed

5000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

148423.51

Forgiveness Date

12/18/2020

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