PPP Loan information for New 11, inc.

$244,000

New 11, inc. was initially approved for PPP Loan of amount $244,000, the current approved amount is $244,000. The loan was approved on 04/11/2020 by The Old National Bank reported 38 jobs and $244,000 was used to fund payroll.

New 11, inc. is Existing or more than 2 years old

PPP Loan Search / MI / HOLLAND / New 11, inc.

NEW 11, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEW 11, INC.

Borrower Address

1886 RUSSEL CT

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49423-8749

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244000.00

Current Approval Amount

244000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

ALLEGAN

Project State

MI

Project Zip

49423-8749

CD

MI-02

Jobs Reported

38

NAICS Code

332117

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

244000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

245310.25

Forgiveness Date

11/03/2020

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