PPP Loan information for Newco metals, inc.

$410,900

Newco metals, inc. was initially approved for PPP Loan of amount $410,900, the current approved amount is $410,900. The loan was approved on 04/07/2020 by The Lake City Bank reported 43 jobs and $410,900 was used to fund payroll.

Newco metals, inc. is Existing or more than 2 years old

PPP Loan Search / IN / PENDLETON / Newco metals, inc.

NEWCO METALS, INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

NEWCO METALS, INC.

Borrower Address

7268 S STATE ROAD 13

Borrower City

PENDLETON

Borrower State

IN

Borrower Zip

46064-9565

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

410900.00

Current Approval Amount

410900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PENDLETON

Project County Name

MADISON

Project State

IN

Project Zip

46064-9565

CD

IN-05

Jobs Reported

43

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2940.00

Payroll Proceed

309000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

28768.00

Debt Interest Proceed

50192

Business Type

Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

413742.06

Forgiveness Date

12/22/2020

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