PPP Loan information for New tech corp

$165,737

New tech corp was initially approved for PPP Loan of amount $165,737, the current approved amount is $165,737. The loan was approved on 04/14/2020 by The First State Bank of Porter reported 13 jobs and $165,737 was used to fund payroll.

New tech corp is Existing or more than 2 years old

NEW TECH CORP

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

NEW TECH CORP

Borrower Address

1808 GEORGIA ST

Borrower City

VALPARAISO

Borrower State

IN

Borrower Zip

46383-2118

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165736.50

Current Approval Amount

165736.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24139

Servicing Lender Name

First State Bank of Porter

Servicing Lender Address

230 Lincoln St

Servicing Lender City

PORTER

Servicing Lender State

IN

Servicing Lender Zip

46304-1814

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VALPARAISO

Project County Name

PORTER

Project State

IN

Project Zip

46383-2118

CD

IN-01

Jobs Reported

13

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16573.65

Payroll Proceed

132589.20

Mortgage Interest Proceed

16573.65

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

24139

Originating Lender

First State Bank of Porter

Originating Lender City

PORTER

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

166621.94

Forgiveness Date

11/03/2020

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