PPP Loan information for New power designs, inc.

$49,398

New power designs, inc. was initially approved for PPP Loan of amount $49,398, the current approved amount is $49,398. The loan was approved on 04/15/2020 by The SouthState Bank, National Association reported 10 jobs and $49,398 was used to fund payroll.

New power designs, inc. is Existing or more than 2 years old

NEW POWER DESIGNS, INC.

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

NEW POWER DESIGNS, INC.

Borrower Address

1301 VERY CORA RD

Borrower City

LAURRENS

Borrower State

SC

Borrower Zip

29630

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49397.50

Current Approval Amount

49397.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAURRENS

Project County Name

PICKENS

Project State

SC

Project Zip

29630-0001

CD

SC-03

Jobs Reported

10

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49397.50

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

Corporation

Originating Lender Location Id

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49955.97

Forgiveness Date

06/08/2021

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