PPP Loan information for New concepts, inc.

$582,900

New concepts, inc. was initially approved for PPP Loan of amount $1,544,300, the current approved amount is $582,900. The loan was approved on 04/07/2020 by The Security Service FCU reported 34 jobs and $582,900 was used to fund payroll.

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

NEW CONCEPTS, INC.

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

NEW CONCEPTS, INC.

Borrower Address

31 W. GREGSON AVE

Borrower City

SALT LAKE CITY

Borrower State

UT

Borrower Zip

84115-3726

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1544300.00

Current Approval Amount

582900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

106458

Servicing Lender Name

Security Service FCU

Servicing Lender Address

16211 La Cantera Pkwy

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78256-2419

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALT LAKE CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84115-3726

CD

UT-02

Jobs Reported

34

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

582900.00

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

106458

Originating Lender

Security Service FCU

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

587355.59

Forgiveness Date

01/20/2021

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