PPP Loan information for Newlett inc. dba gemstone

$554,506

Newlett inc. dba gemstone was initially approved for PPP Loan of amount $554,506, the current approved amount is $554,506. The loan was approved on 01/26/2021 by The First State Bank of Middlebury reported 69 jobs and $554,506 was used to fund payroll.

Newlett inc. dba gemstone is Existing or more than 2 years old

NEWLETT INC. DBA GEMSTONE

Date Approved

01/26/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

NEWLETT INC. DBA GEMSTONE

Borrower Address

2040 Industrial Pkwy

Borrower City

Elkhart

Borrower State

IN

Borrower Zip

46516-5411

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

554506.20

Current Approval Amount

554506.20

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

46516-5411

CD

IN-02

Jobs Reported

69

NAICS Code

339999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

554503.20

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

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

557817.83

Forgiveness Date

09/22/2021

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