New World Medical Inc.

$2,000,000 PPP Loan in Rancho Cucamonga, California

Loan Details

Loan Number
7387998501
Date Approved
Mar 5, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,017,260
Forgiveness Date
Jan 18, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
New World Medical Inc.
Address
10763 Edison Ct
ZIP Code
91730-4844
Business Type
Corporation
Industry (NAICS)
Manufacturing (339112)
Business Age
Existing or more than 2 years old
Jobs Reported
128
Estimated Revenue
$35.7M
Rural/Urban
Urban
Congressional District
CA-35

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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