PPP Loan information for Newell wood products

$50,000

Newell wood products was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/06/2020 by The BancFirst reported 10 jobs and $50,000 was used to fund payroll.

Newell wood products is Existing or more than 2 years old

NEWELL WOOD PRODUCTS

Date Approved

04/06/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

NEWELL WOOD PRODUCTS

Borrower Address

6290 HWY 69N

Borrower City

PORTER

Borrower State

OK

Borrower Zip

74454

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112722

Servicing Lender Name

BancFirst

Servicing Lender Address

100 N Broadway Ave, Ste 1000

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73102-8405

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTER

Project County Name

WAGONER

Project State

OK

Project Zip

74454-0001

CD

OK-01

Jobs Reported

10

NAICS Code

238130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4649.36

Payroll Proceed

35275.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2321.64

Debt Interest Proceed

2754

Business Type

Sole Proprietorship

Originating Lender Location Id

112722

Originating Lender

BancFirst

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50305.48

Forgiveness Date

11/17/2020

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