PPP Loan information for The new equation llc

$3,041,400

The new equation llc was initially approved for PPP Loan of amount $3,041,400, the current approved amount is $3,041,400. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 182 jobs and $3,041,400 was used to fund payroll.

The new equation llc is Existing or more than 2 years old

PPP Loan Search / PA / Philadelphia / The new equation llc

THE NEW EQUATION LLC

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

THE NEW EQUATION LLC

Borrower Address

1033 North 2nd Street

Borrower City

Philadelphia

Borrower State

PA

Borrower Zip

19123

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3041400.00

Current Approval Amount

3041400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Philadelphia

Project County Name

PHILADELPHIA

Project State

PA

Project Zip

19123-0001

CD

PA-02

Jobs Reported

182

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3041400.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3077389.90

Forgiveness Date

06/22/2021

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