PPP Loan information for Newton motors, inc.

$81,875

Newton motors, inc. was initially approved for PPP Loan of amount $81,875, the current approved amount is $81,875. The loan was approved on 04/10/2020 by The Opportunity Bank of Montana reported 10 jobs and $81,875 was used to fund payroll.

Newton motors, inc. is Existing or more than 2 years old

PPP Loan Search / MT / GLASGOW / Newton motors, inc.

NEWTON MOTORS, INC.

Date Approved

04/10/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

NEWTON MOTORS, INC.

Borrower Address

54137 US HIGHWAY 2

Borrower City

GLASGOW

Borrower State

MT

Borrower Zip

59230-1544

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81875.00

Current Approval Amount

81875.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

86348

Servicing Lender Name

Opportunity Bank of Montana

Servicing Lender Address

1400 Prospect Ave

Servicing Lender City

HELENA

Servicing Lender State

MT

Servicing Lender Zip

59601-4544

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLASGOW

Project County Name

VALLEY

Project State

MT

Project Zip

59230-1544

CD

MT-02

Jobs Reported

10

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81875.00

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

86348

Originating Lender

Opportunity Bank of Montana

Originating Lender City

HELENA

Originating Lender State

MT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

72337.76

Forgiveness Date

12/09/2020

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