PPP Loan information for Newton excavating inc.

$49,900

Newton excavating inc. was initially approved for PPP Loan of amount $49,900, the current approved amount is $49,900. The loan was approved on 04/27/2020 by The ELGA CU reported 8 jobs and $49,900 was used to fund payroll.

Newton excavating inc. is Existing or more than 2 years old

PPP Loan Search / MI / Montrose / Newton excavating inc.

NEWTON EXCAVATING INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEWTON EXCAVATING INC.

Borrower Address

9230 Vienna Rd

Borrower City

Montrose

Borrower State

MI

Borrower Zip

48457-9729

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49900.00

Current Approval Amount

49900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98882

Servicing Lender Name

ELGA CU

Servicing Lender Address

6065 Grand Pointe Blvd

Servicing Lender City

GRAND BLANC

Servicing Lender State

MI

Servicing Lender Zip

48439

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Montrose

Project County Name

GENESEE

Project State

MI

Project Zip

48457-9729

CD

MI-08

Jobs Reported

8

NAICS Code

237210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

475.00

Payroll Proceed

37425.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

98882

Originating Lender

ELGA CU

Originating Lender City

GRAND BLANC

Originating Lender State

MI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42145.58

Forgiveness Date

12/04/2020

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