PPP Loan information for Newtech financial services llc

$356,180

Newtech financial services llc was initially approved for PPP Loan of amount $356,180, the current approved amount is $356,180. The loan was approved on 01/14/2021 by The Frankenmuth CU reported 32 jobs and $356,180 was used to fund payroll.

Newtech financial services llc is Existing or more than 2 years old

PPP Loan Search / MI / Bay City / Newtech financial services llc

NEWTECH FINANCIAL SERVICES LLC

Date Approved

01/14/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NEWTECH FINANCIAL SERVICES LLC

Borrower Address

700 4th St

Borrower City

Bay City

Borrower State

MI

Borrower Zip

48708-5208

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

356180.00

Current Approval Amount

356180.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98960

Servicing Lender Name

Frankenmuth CU

Servicing Lender Address

580 N Main St

Servicing Lender City

FRANKENMUTH

Servicing Lender State

MI

Servicing Lender Zip

48734-1118

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bay City

Project County Name

BAY

Project State

MI

Project Zip

48708-5208

CD

MI-08

Jobs Reported

32

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

356174.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

98960

Originating Lender

Frankenmuth CU

Originating Lender City

FRANKENMUTH

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

359810.11

Forgiveness Date

01/28/2022

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