PPP Loan information for New banks inc

$50,700

New banks inc was initially approved for PPP Loan of amount $50,700, the current approved amount is $50,700. The loan was approved on 04/07/2020 by The The Cecilian Bank reported 6 jobs and $50,700 was used to fund payroll.

New banks inc is Existing or more than 2 years old

PPP Loan Search / KY / ELIZABETHTOWN / New banks inc

NEW BANKS INC

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

NEW BANKS INC

Borrower Address

5735 N DIXIE HWY

Borrower City

ELIZABETHTOWN

Borrower State

KY

Borrower Zip

42701-8884

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50700.00

Current Approval Amount

50700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26872

Servicing Lender Name

The Cecilian Bank

Servicing Lender Address

104 E Main St

Servicing Lender City

CECILIA

Servicing Lender State

KY

Servicing Lender Zip

42724-9598

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETHTOWN

Project County Name

HARDIN

Project State

KY

Project Zip

42701-8884

CD

KY-02

Jobs Reported

6

NAICS Code

541360

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50700.00

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

26872

Originating Lender

The Cecilian Bank

Originating Lender City

CECILIA

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50942.23

Forgiveness Date

10/13/2020

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