PPP Loan information for New town subs, inc.

$71,100

New town subs, inc. was initially approved for PPP Loan of amount $71,100, the current approved amount is $71,100. The loan was approved on 04/06/2020 by The Deerwood Bank reported 12 jobs and $71,100 was used to fund payroll.

New town subs, inc. is Existing or more than 2 years old

NEW TOWN SUBS, INC.

Date Approved

04/06/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NEW TOWN SUBS, INC.

Borrower Address

945 Eagle Drive

Borrower City

NEW TOWN

Borrower State

ND

Borrower Zip

58763-4119

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71100.00

Current Approval Amount

71100.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW TOWN

Project County Name

MOUNTRAIL

Project State

ND

Project Zip

58763-4119

CD

ND-

Jobs Reported

12

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53300.00

Mortgage Interest Proceed

10000.00

Rent Proceed

7800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71625.35

Forgiveness Date

01/07/2021

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