As part of the Paycheck Protection Program NEW AGE ELECTRIC INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

NEW AGE ELECTRIC INC


Loan Amount	$2,052,495
BusinessName	NEW AGE ELECTRIC INC
Address	1085 N 11th St
City	San Jose
State	CA
Zip	95112
NAICSCode	238210
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	130
DateApproved	04/30/2020
Lender	Bank of the West
CD	CA-17
BusinessName.clean	NEW AGE ELECTRIC

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

NEW AGE INDUSTRIAL
NEW AGE PROTECTION
NEW ALBANY MOTOR CO
NEW ALLEN SCHOOL
NEW ALTERNATIVES FOR CHILDREN