PPP Loan information for Newman farms inc

$12,400

Newman farms inc was initially approved for PPP Loan of amount $12,400, the current approved amount is $12,400. The loan was approved on 05/13/2020 by The First Federal Savings Bank reported 8 jobs and $12,400 was used to fund payroll.

Newman farms inc is Existing or more than 2 years old

NEWMAN FARMS INC

Date Approved

05/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

NEWMAN FARMS INC

Borrower Address

4126 S 250 E

Borrower City

Star City

Borrower State

IN

Borrower Zip

46985-8741

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12400.00

Current Approval Amount

12400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88894

Servicing Lender Name

First Federal Savings Bank

Servicing Lender Address

301 E 9th St

Servicing Lender City

ROCHESTER

Servicing Lender State

IN

Servicing Lender Zip

46975-1617

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Star City

Project County Name

PULASKI

Project State

IN

Project Zip

46985-8741

CD

IN-02

Jobs Reported

8

NAICS Code

111110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12400.00

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

88894

Originating Lender

First Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12459.93

Forgiveness Date

11/05/2020

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