NEW WAY BUSINESS INC

Company Details

Name:	NEW WAY BUSINESS INC
Jurisdiction:	New York
Legal type:	DOMESTIC BUSINESS CORPORATION
Status:	Active
Date of registration:	23 Oct 2014 (10 years ago)
Entity Number:	4655406
ZIP code:	11572
County:	Queens
Place of Formation:	New York
Address:	2983 LONG BEACH ROAD, OCEANSIDE, NY, United States, 11572

Shares Details

Shares issued 200

Share Par Value 0

Type NO PAR VALUE

Name	Role	Address
NEW WAY BUSINESS INC	DOS Process Agent	2983 LONG BEACH ROAD, OCEANSIDE, NY, United States, 11572

Name	Role	Address
KHALID MEHMOOD	Chief Executive Officer	2983 LONG BEACH ROAD, OCEANSIDE, NY, United States, 11572

Name	Role	Address
KHALID MEHMOOD	Agent	120-14 ATLANTIC AVE, SOUTH RICHMOND HILL, NY, 11419

Start date	End date	Type	Value
2014-10-23	2017-01-23	Address	120-14 ATLANTIC AVE, SOUTH RICHMOND HILL, NY, 11419, USA (Type of address: Service of Process)

Filing Number	Date Filed	Type	Effective Date
170123006363	2017-01-23	BIENNIAL STATEMENT	2016-10-01
141023010121	2014-10-23	CERTIFICATE OF INCORPORATION	2014-10-23

Loan Number

Loan Funded Date

SBA Origination Office Code

Loan Delivery Method

Borrower Street Address

5956428507

2021-03-02

0235

PPS

26 Joy Rd, Selden, NY, 11784-2624

Loan Status Date	2021-11-18
Loan Status	Paid in Full
Loan Maturity in Months	60
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	18827
Loan Approval Amount (current)	18827
Undisbursed Amount	0
Franchise Name	-
Lender Location ID	48270
Servicing Lender Name	JPMorgan Chase Bank, National Association
Servicing Lender Address	1111 Polaris Pkwy, COLUMBUS, OH, 43240-2031
Rural or Urban Indicator	U
Hubzone	N
LMI	N
Business Age Description	Existing or more than 2 years old
Project Address	Selden, SUFFOLK, NY, 11784-2624
Project Congressional District	NY-01
Number of Employees	3
NAICS code	811213
Borrower Race	Unanswered
Borrower Ethnicity	Unknown/NotStated
Business Type	Corporation
Originating Lender ID	48270
Originating Lender Name	JPMorgan Chase Bank, National Association
Originating Lender Address	COLUMBUS, OH
Gender	Unanswered
Veteran	Unanswered
Forgiveness Amount	18946.42
Forgiveness Paid Date	2021-10-25

2608967705

2020-05-01

0235

PPP

26 JOY RD, SELDEN, NY, 11784

Loan Status Date	2021-09-30
Loan Status	Paid in Full
Loan Maturity in Months	24
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	18250
Loan Approval Amount (current)	18250
Undisbursed Amount	0
Franchise Name	-
Lender Location ID	48270
Servicing Lender Name	JPMorgan Chase Bank, National Association
Servicing Lender Address	1111 Polaris Pkwy, COLUMBUS, OH, 43240-2031
Rural or Urban Indicator	U
Hubzone	N
LMI	N
Business Age Description	Existing or more than 2 years old
Project Address	SELDEN, SUFFOLK, NY, 11784-0001
Project Congressional District	NY-01
Number of Employees	3
NAICS code	-
Borrower Race	Unanswered
Borrower Ethnicity	Unknown/NotStated
Business Type	Corporation
Originating Lender ID	194093
Originating Lender Name	JPMorgan Chase Bank, National Association
Originating Lender Address	CHICAGO, IL
Gender	Unanswered
Veteran	Unanswered
Forgiveness Amount	18481.51
Forgiveness Paid Date	2021-08-11

Date of last update: 08 Mar 2025