PPP Loan information for New tech electric systems, inc.

$194,400

New tech electric systems, inc. was initially approved for PPP Loan of amount $194,400, the current approved amount is $194,400. The loan was approved on 04/13/2020 by The Old National Bank reported 21 jobs and $194,400 was used to fund payroll.

New tech electric systems, inc. is Existing or more than 2 years old

PPP Loan Search / MN / INVER GROVE HEIGHTS / New tech electric systems, inc.

NEW TECH ELECTRIC SYSTEMS, INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEW TECH ELECTRIC SYSTEMS, INC.

Borrower Address

297 Bridgepoint Way

Borrower City

INVER GROVE HEIGHTS

Borrower State

MN

Borrower Zip

55076

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194400.00

Current Approval Amount

194400.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INVER GROVE HEIGHTS

Project County Name

DAKOTA

Project State

MN

Project Zip

55076-1100

CD

MN-02

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

194400.00

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

195672.92

Forgiveness Date

12/23/2020

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