PPP Loan information for Newwave telecom and technologies, inc.

$5,445,782

Newwave telecom and technologies, inc. was initially approved for PPP Loan of amount $5,445,782, the current approved amount is $5,445,782. The loan was approved on 04/13/2020 by The Sandy Spring Bank reported 369 jobs and $5,445,782 was used to fund payroll.

Newwave telecom and technologies, inc. is Existing or more than 2 years old

PPP Loan Search / MD / ELKRIDGE / Newwave telecom and technologies, inc.

NEWWAVE TELECOM AND TECHNOLOGIES, INC.

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

NEWWAVE TELECOM AND TECHNOLOGIES, INC.

Borrower Address

6518 MEADOWRIDGE RD Suite 100

Borrower City

ELKRIDGE

Borrower State

MD

Borrower Zip

21075-6115

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5445782.00

Current Approval Amount

5445782.00

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

21075-6115

CD

MD-03

Jobs Reported

369

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5445782.00

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

5512324.98

Forgiveness Date

07/14/2021

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