PPP Loan information for New ventures, inc

$391,992

New ventures, inc was initially approved for PPP Loan of amount $391,992, the current approved amount is $391,992. The loan was approved on 05/01/2020 by The Synovus Bank reported 106 jobs and $391,992 was used to fund payroll.

New ventures, inc is Existing or more than 2 years old

NEW VENTURES, INC

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

NEW VENTURES, INC

Borrower Address

306 Fort Dr

Borrower City

LaGrange

Borrower State

GA

Borrower Zip

30240-5902

Loan Status Date

08/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

391992.42

Current Approval Amount

391992.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LaGrange

Project County Name

TROUP

Project State

GA

Project Zip

30240-5902

CD

GA-03

Jobs Reported

106

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

391992.42

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

Non-Profit Organization

Originating Lender Location Id

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

396374.14

Forgiveness Date

06/15/2021

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