PPP Loan information for Newton running company, inc.

$187,400

Newton running company, inc. was initially approved for PPP Loan of amount $196,900, the current approved amount is $187,400. The loan was approved on 04/14/2020 by The Independent Bank reported 13 jobs and $187,400 was used to fund payroll.

Newton running company, inc. is Existing or more than 2 years old

PPP Loan Search / CO / Boutler / Newton running company, inc.

NEWTON RUNNING COMPANY, INC.

Date Approved

04/14/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

NEWTON RUNNING COMPANY, INC.

Borrower Address

3655 Frontier Ave

Borrower City

Boutler

Borrower State

CO

Borrower Zip

80301-2409

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196900.00

Current Approval Amount

187400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Boutler

Project County Name

BOULDER

Project State

CO

Project Zip

80301-2409

CD

CO-02

Jobs Reported

13

NAICS Code

424340

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

143600.00

Mortgage Interest Proceed

39800.00

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

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

189549.89

Forgiveness Date

06/15/2021

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