PPP Loan information for The new flat rate, inc.

$200,000

The new flat rate, inc. was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 04/27/2020 by The Builtwell Bank reported 13 jobs and $200,000 was used to fund payroll.

The new flat rate, inc. is Existing or more than 2 years old

PPP Loan Search / GA / DALTON / The new flat rate, inc.

THE NEW FLAT RATE, INC.

Date Approved

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

THE NEW FLAT RATE, INC.

Borrower Address

404 MCGHEE DR

Borrower City

DALTON

Borrower State

GA

Borrower Zip

30721-4331

Loan Status Date

08/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67085

Servicing Lender Name

Builtwell Bank

Servicing Lender Address

728 Broad St

Servicing Lender City

CHATTANOOGA

Servicing Lender State

TN

Servicing Lender Zip

37402-1801

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DALTON

Project County Name

WHITFIELD

Project State

GA

Project Zip

30721-4331

CD

GA-14

Jobs Reported

13

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

200000.00

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

Subchapter S Corporation

Originating Lender Location Id

67085

Originating Lender

Builtwell Bank

Originating Lender City

CHATTANOOGA

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

201005.56

Forgiveness Date

11/03/2020

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