PPP Loan information for Newell gas & appliances inc

$56,400

Newell gas & appliances inc was initially approved for PPP Loan of amount $56,400, the current approved amount is $56,400. The loan was approved on 04/14/2020 by The The Farmers Bank, Frankfort, Indiana reported 7 jobs and $56,400 was used to fund payroll.

Newell gas & appliances inc is Existing or more than 2 years old

NEWELL GAS & APPLIANCES INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

NEWELL GAS & APPLIANCES INC

Borrower Address

PO BOX 209 306 N Main

Borrower City

MICHIGANTOWN

Borrower State

IN

Borrower Zip

46057-0209

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56400.00

Current Approval Amount

56400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23150

Servicing Lender Name

The Farmers Bank, Frankfort, Indiana

Servicing Lender Address

9 E Clinton St

Servicing Lender City

FRANKFORT

Servicing Lender State

IN

Servicing Lender Zip

46041-1902

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MICHIGANTOWN

Project County Name

CLINTON

Project State

IN

Project Zip

46057-0209

CD

IN-04

Jobs Reported

7

NAICS Code

221210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56400.00

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

23150

Originating Lender

The Farmers Bank, Frankfort, Indiana

Originating Lender City

FRANKFORT

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56894.47

Forgiveness Date

03/11/2021

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