New Life Furniture Systems INC

$96,480 PPP Loan in Newport, Delaware

Loan Details

Loan Number
8238517110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$96,480
Current Approval
$96,480
Forgiveness Amount
$97,278
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Life Furniture Systems INC
Address
1675 East Ayre Street
ZIP Code
19804
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811420)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$77,980
Rent
$12,000
Utilities
$3,000
Health Care
$3,500

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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