PPP Loan information for Newton professional purchasing inc.

$161,500

Newton professional purchasing inc. was initially approved for PPP Loan of amount $161,500, the current approved amount is $161,500. The loan was approved on 01/20/2021 by The FNNB Bank reported 20 jobs and $161,500 was used to fund payroll.

Newton professional purchasing inc. is Existing or more than 2 years old

PPP Loan Search / IA / Newton / Newton professional purchasing inc.

NEWTON PROFESSIONAL PURCHASING INC.

Date Approved

01/20/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

NEWTON PROFESSIONAL PURCHASING INC.

Borrower Address

623 N 19th Ave E

Borrower City

Newton

Borrower State

IA

Borrower Zip

50208-1853

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

161500.00

Current Approval Amount

161500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25307

Servicing Lender Name

FNNB Bank

Servicing Lender Address

100 N 2nd Ave W

Servicing Lender City

NEWTON

Servicing Lender State

IA

Servicing Lender Zip

50208-3246

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newton

Project County Name

JASPER

Project State

IA

Project Zip

50208-1853

CD

IA-01

Jobs Reported

20

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

161498.00

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

Subchapter S Corporation

Originating Lender Location Id

25307

Originating Lender

FNNB Bank

Originating Lender City

NEWTON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

162168.12

Forgiveness Date

06/30/2021

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