Date Approved
03/13/2021
SBA Office Code
0474
Processing Method
PPS
Borrower Name
NEWTON WELDING SERVICES
Borrower Address
1968 Curtis Chapel Rd
Borrower City
Mc Ewen
Borrower State
TN
Borrower Zip
37101-5459
Loan Status Date
09/14/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
297345.55
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
66835
Servicing Lender Name
F&M Bank
Servicing Lender Address
50 Franklin St
Servicing Lender City
CLARKSVILLE
Servicing Lender State
Servicing Lender Zip
37040-3436
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HUMPHREYS
Project State
Project Zip
CD
TN-07
Jobs Reported
40
NAICS Code
236220
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
297339.55
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
298559.71
Forgiveness Date
08/18/2021