PPP Loan information for Newton county remc

$167,100

Newton county remc was initially approved for PPP Loan of amount $167,100, the current approved amount is $167,100. The loan was approved on 07/17/2020 by The Kentland Bank reported 10 jobs and $167,100 was used to fund payroll.

Newton county remc is Existing or more than 2 years old

PPP Loan Search / IN / GOODLAND / Newton county remc

NEWTON COUNTY REMC

Date Approved

07/17/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

NEWTON COUNTY REMC

Borrower Address

4151 E US Hwy 24

Borrower City

GOODLAND

Borrower State

IN

Borrower Zip

47948

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

167100.00

Current Approval Amount

167100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23802

Servicing Lender Name

Kentland Bank

Servicing Lender Address

111 N 4th St

Servicing Lender City

KENTLAND

Servicing Lender State

IN

Servicing Lender Zip

47951-1215

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GOODLAND

Project County Name

NEWTON

Project State

IN

Project Zip

47948-0001

CD

IN-04

Jobs Reported

10

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

167100.00

Payroll Proceed

0.00

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

Cooperative

Originating Lender Location Id

23802

Originating Lender

Kentland Bank

Originating Lender City

KENTLAND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

168107.24

Forgiveness Date

02/25/2021

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