PPP Loan information for W s newell & sons inc

$1,612,535

W s newell & sons inc was initially approved for PPP Loan of amount $1,612,535, the current approved amount is $1,612,535. The loan was approved on 01/25/2021 by The Valley National Bank reported 138 jobs and $1,612,535 was used to fund payroll.

W s newell & sons inc is Existing or more than 2 years old

PPP Loan Search / AL / Montgomery / W s newell & sons inc

W S NEWELL & SONS INC

Date Approved

01/25/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

W S NEWELL & SONS INC

Borrower Address

10480 Highway 80 E

Borrower City

Montgomery

Borrower State

AL

Borrower Zip

36117-6036

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1612535.00

Current Approval Amount

1612535.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Montgomery

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36117-6036

CD

AL-02

Jobs Reported

138

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1612533.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1632064.59

Forgiveness Date

04/21/2022

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