As part of the Paycheck Protection Program NEW WAY ACADEMY 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 WAY ACADEMY


Loan Amount	$963,700
BusinessName	NEW WAY ACADEMY
Address	5048 E OAK ST
City	PHOENIX
State	AZ
Zip	85008
NAICSCode	611110
BusinessType	Non-Profit Organization
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit	Y
JobsReported	87
DateApproved	05/12/2020
Lender	TrustBank
CD	AZ-09
BusinessName.clean	NEW WAY ACADEMY

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 WAY MACHINE COMPONENTS
NEW WEST CHARTER MIDDLE SCHOOL
NEW WEST COMPANIES
NEW WEST DISTRIBUTING
APPLIED TECHNOLOGY GROUP