PPP Loan information for Newman signs inc

$1,565,100

Newman signs inc was initially approved for PPP Loan of amount $1,565,100, the current approved amount is $1,565,100. The loan was approved on 04/08/2020 by The Bank Forward reported 122 jobs and $1,565,100 was used to fund payroll.

Newman signs inc is Existing or more than 2 years old

NEWMAN SIGNS INC

Date Approved

04/08/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NEWMAN SIGNS INC

Borrower Address

1606 6TH AVE SW

Borrower City

JAMESTOWN

Borrower State

ND

Borrower Zip

58401-2512

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1565100.00

Current Approval Amount

1565100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52827

Servicing Lender Name

Bank Forward

Servicing Lender Address

390 Wheat St

Servicing Lender City

HANNAFORD

Servicing Lender State

ND

Servicing Lender Zip

58448-4801

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JAMESTOWN

Project County Name

STUTSMAN

Project State

ND

Project Zip

58401-2512

CD

ND-

Jobs Reported

122

NAICS Code

339950

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

313000.00

Payroll Proceed

1252100.00

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

52827

Originating Lender

Bank Forward

Originating Lender City

HANNAFORD

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1573718.77

Forgiveness Date

11/03/2020

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