PPP Loan information for Newcomb engineering co. inc

$33,336

Newcomb engineering co. inc was initially approved for PPP Loan of amount $33,336, the current approved amount is $33,336. The loan was approved on 04/09/2021 by The Farmers and Merchants Bank reported 4 jobs and $33,336 was used to fund payroll.

Newcomb engineering co. inc is Existing or more than 2 years old

PPP Loan Search / MS / Corinth / Newcomb engineering co. inc

NEWCOMB ENGINEERING CO. INC

Date Approved

04/09/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

NEWCOMB ENGINEERING CO. INC

Borrower Address

904 E Shiloh Rd

Borrower City

Corinth

Borrower State

MS

Borrower Zip

38834-2650

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

33336.32

Current Approval Amount

33336.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39079

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

111 W Clayton St

Servicing Lender City

BALDWYN

Servicing Lender State

MS

Servicing Lender Zip

38824-1804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Corinth

Project County Name

ALCORN

Project State

MS

Project Zip

38834-2650

CD

MS-01

Jobs Reported

4

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

33333.32

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

39079

Originating Lender

Farmers and Merchants Bank

Originating Lender City

BALDWYN

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

33459.48

Forgiveness Date

08/24/2021

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