PPP Loan information for Newlett inc.

$554,500

Newlett inc. was initially approved for PPP Loan of amount $554,500, the current approved amount is $554,500. The loan was approved on 04/08/2020 by The First State Bank of Middlebury reported 77 jobs and $554,500 was used to fund payroll.

Newlett inc. is Existing or more than 2 years old

PPP Loan Search / IN / ELKHART / Newlett inc.

NEWLETT INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

NEWLETT INC.

Borrower Address

435 HARRISON ST

Borrower City

ELKHART

Borrower State

IN

Borrower Zip

46516-2771

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

554500.00

Current Approval Amount

554500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23975

Servicing Lender Name

First State Bank of Middlebury

Servicing Lender Address

111 S Main St

Servicing Lender City

MIDDLEBURY

Servicing Lender State

IN

Servicing Lender Zip

46540

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELKHART

Project County Name

ELKHART

Project State

IN

Project Zip

46516-2771

CD

IN-02

Jobs Reported

77

NAICS Code

339999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

415875.00

Mortgage Interest Proceed

138625.00

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

23975

Originating Lender

First State Bank of Middlebury

Originating Lender City

MIDDLEBURY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

558212.07

Forgiveness Date

12/21/2020

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