PPP Loan information for New energy corp

$177,533

New energy corp was initially approved for PPP Loan of amount $177,533, the current approved amount is $177,533. The loan was approved on 04/10/2020 by The Southern States Bank reported 18 jobs and $177,533 was used to fund payroll.

New energy corp is Existing or more than 2 years old

NEW ENERGY CORP

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

NEW ENERGY CORP

Borrower Address

1553 Blanchard Blvd Ste B

Borrower City

Columbus

Borrower State

GA

Borrower Zip

31901-3407

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177532.50

Current Approval Amount

177532.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449992

Servicing Lender Name

Southern States Bank

Servicing Lender Address

615 Quintard Ave

Servicing Lender City

ANNISTON

Servicing Lender State

AL

Servicing Lender Zip

36201-5755

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Columbus

Project County Name

MUSCOGEE

Project State

GA

Project Zip

31901-3407

CD

GA-02

Jobs Reported

18

NAICS Code

423610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

177532.50

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

449992

Originating Lender

Southern States Bank

Originating Lender City

ANNISTON

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179035.45

Forgiveness Date

03/01/2021

;