PPP Loan information for Newton farms inc

$37,725

Newton farms inc was initially approved for PPP Loan of amount $37,725, the current approved amount is $37,725. The loan was approved on 04/29/2021 by The German American Bank reported 8 jobs and $37,725 was used to fund payroll.

Newton farms inc is Existing or more than 2 years old

NEWTON FARMS INC

Date Approved

04/29/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

NEWTON FARMS INC

Borrower Address

4706 N Golf Course Rd

Borrower City

Bruceville

Borrower State

IN

Borrower Zip

47516-6270

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37725.00

Current Approval Amount

37725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bruceville

Project County Name

KNOX

Project State

IN

Project Zip

47516-6270

CD

IN-08

Jobs Reported

8

NAICS Code

111150

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

37724.00

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

Corporation

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38119.82

Forgiveness Date

05/23/2022

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