PPP Loan information for Ngmt inc.

$1,984,770

Ngmt inc. was initially approved for PPP Loan of amount $1,984,770, the current approved amount is $1,984,770. The loan was approved on 01/27/2021 by The Northeast Georgia Bank reported 119 jobs and $1,984,770 was used to fund payroll.

Ngmt inc. is Existing or more than 2 years old

PPP Loan Search / GA / Gainesville / Ngmt inc.

NGMT INC.

Date Approved

01/27/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

NGMT INC.

Borrower Address

1742 Candler Rd

Borrower City

Gainesville

Borrower State

GA

Borrower Zip

30507-8427

Loan Status Date

08/05/2022

Loan Status

Charged Off

Term

42

SBA Guaranty Percentage

100

Initial Approval Amount

1984770.00

Current Approval Amount

1984770.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19524

Servicing Lender Name

Northeast Georgia Bank

Servicing Lender Address

12461 Augusta Rd

Servicing Lender City

LAVONIA

Servicing Lender State

GA

Servicing Lender Zip

30553-1027

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gainesville

Project County Name

HALL

Project State

GA

Project Zip

30507-8427

CD

GA-09

Jobs Reported

119

NAICS Code

621910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1984765.00

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

19524

Originating Lender

Northeast Georgia Bank

Originating Lender City

LAVONIA

Originating Lender State

GA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1034291.56

Forgiveness Date

04/04/2022

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