As part of the Paycheck Protection Program NEW ERA CONVERTING MACHINERY, 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 ERA CONVERTING MACHINERY, INC


Loan Amount	$1,458,782
BusinessName	NEW ERA CONVERTING MACHINERY, INC
Address	235 MCLEAN BLVD
City	PATERSON
State	NJ
Zip	7504
NAICSCode	333249
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	85
DateApproved	04/08/2020
Lender	Columbia Bank
CD	NJ-09
BusinessName.clean	NEW ERA CONVERTING MACHINERY

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 ERA CUSTOM DESIGN AND CABINET WORKS
NEW ERA LIFE INSURANCE COMPANY
APPLIANCE WORLD OF HUNTINGTON
NEW EVOLUTION CONSTRUCTION
NEW FASHION PORK L