PPP Loan information for New energy corp.

$218,541

New energy corp. was initially approved for PPP Loan of amount $218,541, the current approved amount is $218,541. The loan was approved on 01/22/2021 by The Southern States Bank reported 16 jobs and $218,541 was used to fund payroll.

New energy corp. is Existing or more than 2 years old

NEW ENERGY CORP.

Date Approved

01/22/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

NEW ENERGY CORP.

Borrower Address

1553 Blanchard Blvd Ste B

Borrower City

Columbus

Borrower State

GA

Borrower Zip

31901-3474

Loan Status Date

10/26/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

218541.00

Current Approval Amount

218541.00

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

31901-3474

CD

GA-02

Jobs Reported

16

NAICS Code

423610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

218539.00

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

449992

Originating Lender

Southern States Bank

Originating Lender City

ANNISTON

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

220043.84

Forgiveness Date

10/04/2021

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