PPP Loan information for Newman electric corporation

$72,250

Newman electric corporation was initially approved for PPP Loan of amount $72,250, the current approved amount is $72,250. The loan was approved on 04/14/2020 by The The Citizens Bank of Clovis reported 7 jobs and $72,250 was used to fund payroll.

Newman electric corporation is Existing or more than 2 years old

NEWMAN ELECTRIC CORPORATION

Date Approved

04/14/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

NEWMAN ELECTRIC CORPORATION

Borrower Address

1517 South Prince St

Borrower City

CLOVIS

Borrower State

NM

Borrower Zip

88101

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72250.00

Current Approval Amount

72250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45756

Servicing Lender Name

The Citizens Bank of Clovis

Servicing Lender Address

421 Pile St

Servicing Lender City

CLOVIS

Servicing Lender State

NM

Servicing Lender Zip

88101-7540

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLOVIS

Project County Name

CURRY

Project State

NM

Project Zip

88101-0300

CD

NM-03

Jobs Reported

7

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72250.00

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

45756

Originating Lender

The Citizens Bank of Clovis

Originating Lender City

CLOVIS

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72890.22

Forgiveness Date

03/02/2021

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