PPP Loan information for Newact inc

$357,198

Newact inc was initially approved for PPP Loan of amount $357,198, the current approved amount is $357,198. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 28 jobs and $357,198 was used to fund payroll.

Newact inc is New Business or 2 years or less

NEWACT INC

Date Approved

05/01/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

NEWACT INC

Borrower Address

2084 JAMES DR

Borrower City

BATAVIA

Borrower State

OH

Borrower Zip

45103

Loan Status Date

06/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

357198.00

Current Approval Amount

357198.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BATAVIA

Project County Name

CLERMONT

Project State

OH

Project Zip

45103-0001

CD

OH-02

Jobs Reported

28

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

357198.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

337071.66

Forgiveness Date

12/14/2020

;