PPP Loan information for New river inc

$88,400

New river inc was initially approved for PPP Loan of amount $88,400, the current approved amount is $88,400. The loan was approved on 04/14/2020 by The Old National Bank reported 15 jobs and $88,400 was used to fund payroll.

New river inc is Existing or more than 2 years old

NEW RIVER INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

NEW RIVER INC

Borrower Address

4000 S Memorial Drive

Borrower City

NEW CASTLE

Borrower State

IN

Borrower Zip

47362-1309

Loan Status Date

11/20/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88400.00

Current Approval Amount

88400.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW CASTLE

Project County Name

HENRY

Project State

IN

Project Zip

47362-1309

CD

IN-06

Jobs Reported

15

NAICS Code

541940

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88400.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

88794.77

Forgiveness Date

10/09/2020

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