PPP Loan information for Newcor management inc

$20,000

Newcor management inc was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 03/25/2021 by The U.S. Bank, National Association reported 1 jobs and $20,000 was used to fund payroll.

Newcor management inc is Existing or more than 2 years old

NEWCOR MANAGEMENT INC

Date Approved

03/25/2021

SBA Office Code

0883

Processing Method

PPP

Borrower Name

NEWCOR MANAGEMENT INC

Borrower Address

3122 N Eagle Way

Borrower City

Lehi

Borrower State

UT

Borrower Zip

84043-3801

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lehi

Project County Name

UTAH

Project State

UT

Project Zip

84043-3801

CD

UT-03

Jobs Reported

1

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

19998.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20102.78

Forgiveness Date

09/28/2021

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