PPP Loan information for Newtech systems, inc.

$941,100

Newtech systems, inc. was initially approved for PPP Loan of amount $941,100, the current approved amount is $941,100. The loan was approved on 04/07/2020 by The Community Trust Bank, Inc. reported 67 jobs and $941,100 was used to fund payroll.

Newtech systems, inc. is Existing or more than 2 years old

PPP Loan Search / KY / ASHLAND / Newtech systems, inc.

NEWTECH SYSTEMS, INC.

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

NEWTECH SYSTEMS, INC.

Borrower Address

1850 DALTON AVE

Borrower City

ASHLAND

Borrower State

KY

Borrower Zip

41102-2308

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

941100.00

Current Approval Amount

941100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27783

Servicing Lender Name

Community Trust Bank, Inc.

Servicing Lender Address

346 N Mayo Trl

Servicing Lender City

PIKEVILLE

Servicing Lender State

KY

Servicing Lender Zip

41501-1847

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

BOYD

Project State

KY

Project Zip

41102-2308

CD

KY-05

Jobs Reported

67

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

941100.00

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

Corporation

Originating Lender Location Id

27783

Originating Lender

Community Trust Bank, Inc.

Originating Lender City

PIKEVILLE

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

952315.85

Forgiveness Date

06/24/2021

;