New World Car Imports INC

$470,500 PPP Loan in New Braunfels, Texas

Loan Details

Loan Number
4713397102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$470,500
Current Approval
$470,500
Forgiveness Amount
$473,676
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
New World Car Imports INC
Address
3363 Interstate 35 S
State
Texas
ZIP Code
78132-5269
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Mazda North American Operations�dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$15.4M
Rural/Urban
Rural
Congressional District
TX-21

Loan Use Breakdown

Payroll
$352,875
Rent
$58,813
Utilities
$58,812

Lender Information

Servicing Lender
Broadway National Bank
Originating Lender
Broadway National Bank

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