PPP Loan information for Newway company inc

$123,398

Newway company inc was initially approved for PPP Loan of amount $123,398, the current approved amount is $123,398. The loan was approved on 04/29/2020 by The Square Capital, LLC reported 6 jobs and $123,398 was used to fund payroll.

Newway company inc is Existing or more than 2 years old

PPP Loan Search / MI / Commerce Township / Newway company inc

NEWWAY COMPANY INC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEWWAY COMPANY INC

Borrower Address

4030 Sleeth Road

Borrower City

Commerce Township

Borrower State

MI

Borrower Zip

48382

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123398.28

Current Approval Amount

123398.28

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529050

Servicing Lender Name

Square Capital, LLC

Servicing Lender Address

1455 Market Street, Suite 600

Servicing Lender City

San Francisco

Servicing Lender State

CA

Servicing Lender Zip

94103

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Commerce Township

Project County Name

OAKLAND

Project State

MI

Project Zip

48382-0899

CD

MI-11

Jobs Reported

6

NAICS Code

333413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15424.78

Payroll Proceed

92548.71

Mortgage Interest Proceed

15424.79

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

124743.83

Forgiveness Date

06/02/2021

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