PPP Loan information for Newsome electrical construction llc

$605,400

Newsome electrical construction llc was initially approved for PPP Loan of amount $605,400, the current approved amount is $605,400. The loan was approved on 04/07/2020 by The Queensborough National Bank and Trust Company reported 60 jobs and $605,400 was used to fund payroll.

Newsome electrical construction llc is Existing or more than 2 years old

NEWSOME ELECTRICAL CONSTRUCTION LLC

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

NEWSOME ELECTRICAL CONSTRUCTION LLC

Borrower Address

3317 Perkins Road

Borrower City

AUGUSTA

Borrower State

GA

Borrower Zip

30906-3813

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

605400.00

Current Approval Amount

605400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19549

Servicing Lender Name

Queensborough National Bank and Trust Company

Servicing Lender Address

113 E Broad St

Servicing Lender City

LOUISVILLE

Servicing Lender State

GA

Servicing Lender Zip

30434-1619

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUGUSTA

Project County Name

RICHMOND

Project State

GA

Project Zip

30906-3813

CD

GA-12

Jobs Reported

60

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60540.00

Payroll Proceed

484320.00

Mortgage Interest Proceed

60540.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

19549

Originating Lender

Queensborough National Bank and Trust Company

Originating Lender City

LOUISVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

608897.87

Forgiveness Date

11/12/2020

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