PPP Loan information for Newco electric, llc

$67,800

Newco electric, llc was initially approved for PPP Loan of amount $67,800, the current approved amount is $67,800. The loan was approved on 04/06/2020 by The RiverHills Bank reported 7 jobs and $67,800 was used to fund payroll.

Newco electric, llc is Existing or more than 2 years old

NEWCO ELECTRIC, LLC

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

NEWCO ELECTRIC, LLC

Borrower Address

3418 WISCONSIN AVE

Borrower City

VICKSBURG

Borrower State

MS

Borrower Zip

39180-5331

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67800.00

Current Approval Amount

67800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39691

Servicing Lender Name

RiverHills Bank

Servicing Lender Address

1400 Hwy 61 N

Servicing Lender City

VICKSBURG

Servicing Lender State

MS

Servicing Lender Zip

39183-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VICKSBURG

Project County Name

WARREN

Project State

MS

Project Zip

39180-5331

CD

MS-02

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

67800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39691

Originating Lender

RiverHills Bank

Originating Lender City

VICKSBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68142.77

Forgiveness Date

10/13/2020

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