PPP Loan information for Newell electric inc.

$10,500

Newell electric inc. was initially approved for PPP Loan of amount $10,500, the current approved amount is $10,500. The loan was approved on 04/27/2021 by The County National Bank reported 2 jobs and $10,500 was used to fund payroll.

Newell electric inc. is Existing or more than 2 years old

PPP Loan Search / MI / Osseo / Newell electric inc.

NEWELL ELECTRIC INC.

Date Approved

04/27/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEWELL ELECTRIC INC.

Borrower Address

5700 Squawfield Rd

Borrower City

Osseo

Borrower State

MI

Borrower Zip

49266-9729

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10500.00

Current Approval Amount

10500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Osseo

Project County Name

HILLSDALE

Project State

MI

Project Zip

49266-9729

CD

MI-05

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10499.00

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

Subchapter S Corporation

Originating Lender Location Id

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10549.00

Forgiveness Date

10/22/2021

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