PPP Loan information for Newava technology

$100,000

Newava technology was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 04/03/2020 by The Reliabank Dakota reported 15 jobs and $100,000 was used to fund payroll.

Newava technology is New Business or 2 years or less

NEWAVA TECHNOLOGY

Date Approved

04/03/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

NEWAVA TECHNOLOGY

Borrower Address

1323 9TH AVE SW

Borrower City

WATERTOWN

Borrower State

SD

Borrower Zip

57201-3839

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66512

Servicing Lender Name

Reliabank Dakota

Servicing Lender Address

211 N Main St

Servicing Lender City

ESTELLINE

Servicing Lender State

SD

Servicing Lender Zip

57234

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WATERTOWN

Project County Name

CODINGTON

Project State

SD

Project Zip

57201-3839

CD

SD-

Jobs Reported

15

NAICS Code

335999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

80000.00

Mortgage Interest Proceed

10000.00

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

66512

Originating Lender

Reliabank Dakota

Originating Lender City

ESTELLINE

Originating Lender State

SD

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

100575.00

Forgiveness Date

11/03/2020

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