PPP Loan information for New wave energy services ltd

$3,408,128

New wave energy services ltd was initially approved for PPP Loan of amount $3,279,000, the current approved amount is $3,408,128. The loan was approved on 04/03/2020 by The United Community Bank of North Dakota reported 188 jobs and $3,408,128 was used to fund payroll.

New wave energy services ltd is Existing or more than 2 years old

NEW WAVE ENERGY SERVICES LTD

Date Approved

04/03/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

NEW WAVE ENERGY SERVICES LTD

Borrower Address

303 W WALL STREET, SUITE 2201

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79701-5101

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3279000.00

Current Approval Amount

3408128.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52878

Servicing Lender Name

United Community Bank of North Dakota

Servicing Lender Address

105 Central Ave S

Servicing Lender City

LEEDS

Servicing Lender State

ND

Servicing Lender Zip

58346

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79701-5101

CD

TX-11

Jobs Reported

188

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3108128.00

Mortgage Interest Proceed

0.00

Rent Proceed

200000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

100000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52878

Originating Lender

United Community Bank of North Dakota

Originating Lender City

LEEDS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3447998.43

Forgiveness Date

06/15/2021

;