PPP Loan information for New industries, llc

$1,713,005

New industries, llc was initially approved for PPP Loan of amount $1,713,005, the current approved amount is $1,713,005. The loan was approved on 04/07/2020 by The The First National Bank of Jeanerette reported 100 jobs and $1,713,005 was used to fund payroll.

New industries, llc is Existing or more than 2 years old

PPP Loan Search / LA / MORGAN CITY / New industries, llc

NEW INDUSTRIES, LLC

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

NEW INDUSTRIES, LLC

Borrower Address

6032 Railroad Avenue

Borrower City

MORGAN CITY

Borrower State

LA

Borrower Zip

70380-2449

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1713005.00

Current Approval Amount

1713005.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28299

Servicing Lender Name

The First National Bank of Jeanerette

Servicing Lender Address

1331 Main St

Servicing Lender City

JEANERETTE

Servicing Lender State

LA

Servicing Lender Zip

70544-3640

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MORGAN CITY

Project County Name

SAINT MARY

Project State

LA

Project Zip

70380-2449

CD

LA-03

Jobs Reported

100

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

65722.00

Payroll Proceed

1235174.00

Mortgage Interest Proceed

0.00

Rent Proceed

266516.00

Refinance EIDL Proceed

0.00

Health Care Proceed

135500.00

Debt Interest Proceed

10093

Business Type

Subchapter S Corporation

Originating Lender Location Id

28299

Originating Lender

The First National Bank of Jeanerette

Originating Lender City

JEANERETTE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1722474.11

Forgiveness Date

11/03/2020

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