PPP Loan information for New energy structures company

$480,900

New energy structures company was initially approved for PPP Loan of amount $480,900, the current approved amount is $480,900. The loan was approved on 04/05/2020 by The MidWestOne Bank reported 30 jobs and $480,900 was used to fund payroll.

New energy structures company is Existing or more than 2 years old

NEW ENERGY STRUCTURES COMPANY

Date Approved

04/05/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

NEW ENERGY STRUCTURES COMPANY

Borrower Address

4022 Mulligan Drive

Borrower City

LONGMONT

Borrower State

CO

Borrower Zip

80504-9655

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

480900.00

Current Approval Amount

480900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONGMONT

Project County Name

WELD

Project State

CO

Project Zip

80504-9655

CD

CO-08

Jobs Reported

30

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30056.25

Payroll Proceed

360675.00

Mortgage Interest Proceed

30056.25

Rent Proceed

30056.25

Refinance EIDL Proceed

0.00

Health Care Proceed

30056.25

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

484680.41

Forgiveness Date

01/25/2021

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