PPP Loan information for Next energy technologies inc.

$485,000

Next energy technologies inc. was initially approved for PPP Loan of amount $485,000, the current approved amount is $485,000. The loan was approved on 02/05/2021 by The Cache Valley Bank reported 28 jobs and $485,000 was used to fund payroll.

Next energy technologies inc. is Existing or more than 2 years old

NEXT ENERGY TECHNOLOGIES INC.

Date Approved

02/05/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

NEXT ENERGY TECHNOLOGIES INC.

Borrower Address

600 Ward Dr Ste C

Borrower City

Santa Barbara

Borrower State

CA

Borrower Zip

93111-2300

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

485000.00

Current Approval Amount

485000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Santa Barbara

Project County Name

SANTA BARBARA

Project State

CA

Project Zip

93111-2300

CD

CA-24

Jobs Reported

28

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

484998.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

487451.94

Forgiveness Date

08/24/2021

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