PPP Loan information for Newman industries inc

$105,000

Newman industries inc was initially approved for PPP Loan of amount $105,000, the current approved amount is $105,000. The loan was approved on 05/05/2020 by The Cadence Bank reported 13 jobs and $105,000 was used to fund payroll.

Newman industries inc is Existing or more than 2 years old

PPP Loan Search / TN / SALE CREEK / Newman industries inc

NEWMAN INDUSTRIES INC

Date Approved

05/05/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

NEWMAN INDUSTRIES INC

Borrower Address

13543 BACK VALLEY RD

Borrower City

SALE CREEK

Borrower State

TN

Borrower Zip

37373-9708

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105000.00

Current Approval Amount

105000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALE CREEK

Project County Name

HAMILTON

Project State

TN

Project Zip

37373-9708

CD

TN-03

Jobs Reported

13

NAICS Code

331221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

105000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

106309.58

Forgiveness Date

08/04/2021

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