PPP Loan information for Newstat, pllc

$3,468,831

Newstat, pllc was initially approved for PPP Loan of amount $3,468,831, the current approved amount is $3,468,831. The loan was approved on 04/13/2020 by The Mountain Commerce Bank reported 171 jobs and $3,468,831 was used to fund payroll.

Newstat, pllc is Existing or more than 2 years old

NEWSTAT, PLLC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

NEWSTAT, PLLC

Borrower Address

1900 N. WINSTON RD SUITE 501

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37919-3605

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3468831.17

Current Approval Amount

3468831.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37919-3605

CD

TN-02

Jobs Reported

171

NAICS Code

621111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

216801.95

Payroll Proceed

2601623.38

Mortgage Interest Proceed

0.00

Rent Proceed

650405.84

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

3509589.94

Forgiveness Date

06/11/2021

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