COVID Stimulus Watch Individual Entry

Recipient Company:
NEWWAVE TELECOM AND TECHNOLOGIES, INC.
Loan or Loan Guarantee Amount:
$5,445,782

Recipient Details

Ownership Structure: privately held
Facility Street Address: 6518 MEADOWRIDGE RD
Facility City: ELKRIDGE
Facility State: MD
Facility Zip Code: 21075
Facility Congressional District: MD-02
Facility NAICS Code: 541519 : Other Computer Related Services

Award Details

Award Date: Apr 13, 2020
Award Type: loan
Jobs Reported at Time of Application: 369
PPP Lender: Sandy Spring Bank
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://data.sba.gov/dataset/ppp-foia

Good Jobs First has not matched this entity to a parent company.

Accountability Issues Since 2010

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Employment-related Penalties: $50,000
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