PPP Loan information for New concept products, inc

$112,850

New concept products, inc was initially approved for PPP Loan of amount $112,850, the current approved amount is $112,850. The loan was approved on 04/09/2020 by The Kalamazoo County State Bank reported 9 jobs and $112,850 was used to fund payroll.

New concept products, inc is Existing or more than 2 years old

PPP Loan Search / MI / SCHOOLCRAFT / New concept products, inc

NEW CONCEPT PRODUCTS, INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEW CONCEPT PRODUCTS, INC

Borrower Address

277 EAST LYONS ST

Borrower City

SCHOOLCRAFT

Borrower State

MI

Borrower Zip

49087-9772

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112850.00

Current Approval Amount

112850.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36464

Servicing Lender Name

Kalamazoo County State Bank

Servicing Lender Address

223 N Grand St

Servicing Lender City

SCHOOLCRAFT

Servicing Lender State

MI

Servicing Lender Zip

49087

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHOOLCRAFT

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49087-9772

CD

MI-06

Jobs Reported

9

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112850.00

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

Subchapter S Corporation

Originating Lender Location Id

36464

Originating Lender

Kalamazoo County State Bank

Originating Lender City

SCHOOLCRAFT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113861.01

Forgiveness Date

03/10/2021

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