PPP Loan information for Newkota services & rentals, llc

$1,937,400

Newkota services & rentals, llc was initially approved for PPP Loan of amount $1,937,400, the current approved amount is $1,937,400. The loan was approved on 04/03/2020 by The United Community Bank of North Dakota reported 100 jobs and $1,937,400 was used to fund payroll.

Newkota services & rentals, llc is Existing or more than 2 years old

NEWKOTA SERVICES & RENTALS, LLC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NEWKOTA SERVICES & RENTALS, LLC

Borrower Address

925 72nd AVE NE

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58703-0267

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1937400.00

Current Approval Amount

1937400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52878

Servicing Lender Name

United Community Bank of North Dakota

Servicing Lender Address

105 Central Ave S

Servicing Lender City

LEEDS

Servicing Lender State

ND

Servicing Lender Zip

58346

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINOT

Project County Name

WARD

Project State

ND

Project Zip

58703-0267

CD

ND-

Jobs Reported

100

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1549800.00

Mortgage Interest Proceed

0.00

Rent Proceed

387600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

52878

Originating Lender

United Community Bank of North Dakota

Originating Lender City

LEEDS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1488040.99

Forgiveness Date

06/22/2021

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