PPP Loan information for Newman logistics inc

$197,700

Newman logistics inc was initially approved for PPP Loan of amount $197,700, the current approved amount is $197,700. The loan was approved on 04/14/2020 by The First Horizon Bank reported 17 jobs and $197,700 was used to fund payroll.

Newman logistics inc is Existing or more than 2 years old

NEWMAN LOGISTICS INC

Date Approved

04/14/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

NEWMAN LOGISTICS INC

Borrower Address

4120 CATHEDRAL CV

Borrower City

JONESBORO

Borrower State

AR

Borrower Zip

72404

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197700.00

Current Approval Amount

197700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JONESBORO

Project County Name

CRAIGHEAD

Project State

AR

Project Zip

72404-0001

CD

AR-01

Jobs Reported

17

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197700.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

200583.12

Forgiveness Date

10/06/2021

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