PPP Loan information for Newman initiatives, llc

$58,500

Newman initiatives, llc was initially approved for PPP Loan of amount $75,000, the current approved amount is $58,500. The loan was approved on 05/01/2020 by The Newtek Small Business Finance, Inc. reported 10 jobs and $58,500 was used to fund payroll.

Newman initiatives, llc is Existing or more than 2 years old

PPP Loan Search / TX / New Braunfels / Newman initiatives, llc

NEWMAN INITIATIVES, LLC

Date Approved

05/01/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

NEWMAN INITIATIVES, LLC

Borrower Address

125 S Business 35

Borrower City

New Braunfels

Borrower State

TX

Borrower Zip

78130-4721

Loan Status Date

05/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

58500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Braunfels

Project County Name

COMAL

Project State

TX

Project Zip

78130-4721

CD

TX-35

Jobs Reported

10

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58987.50

Forgiveness Date

03/24/2021

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