PPP Loan information for Newton electric supply, inc.

$132,906

Newton electric supply, inc. was initially approved for PPP Loan of amount $132,906, the current approved amount is $132,906. The loan was approved on 04/15/2020 by The Synovus Bank reported 21 jobs and $132,906 was used to fund payroll.

Newton electric supply, inc. is Existing or more than 2 years old

NEWTON ELECTRIC SUPPLY, INC.

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

NEWTON ELECTRIC SUPPLY, INC.

Borrower Address

8155 HIGHWAY 278 NE

Borrower City

COVINGTON

Borrower State

GA

Borrower Zip

30014-1535

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132905.67

Current Approval Amount

132905.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COVINGTON

Project County Name

NEWTON

Project State

GA

Project Zip

30014-1535

CD

GA-04

Jobs Reported

21

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

132905.67

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

133794.14

Forgiveness Date

12/17/2020

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