PPP Loan information for Newton development corporation

$28,500

Newton development corporation was initially approved for PPP Loan of amount $28,500, the current approved amount is $28,500. The loan was approved on 01/19/2021 by The FNNB Bank reported 2 jobs and $28,500 was used to fund payroll.

Newton development corporation is Existing or more than 2 years old

PPP Loan Search / IA / Newton / Newton development corporation

NEWTON DEVELOPMENT CORPORATION

Date Approved

01/19/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NEWTON DEVELOPMENT CORPORATION

Borrower Address

403 W 4th St N Ste 210

Borrower City

Newton

Borrower State

IA

Borrower Zip

50208-3019

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28500.00

Current Approval Amount

28500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25307

Servicing Lender Name

FNNB Bank

Servicing Lender Address

100 N 2nd Ave W

Servicing Lender City

NEWTON

Servicing Lender State

IA

Servicing Lender Zip

50208-3246

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newton

Project County Name

JASPER

Project State

IA

Project Zip

50208-3019

CD

IA-01

Jobs Reported

2

NAICS Code

925110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

28500.00

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

25307

Originating Lender

FNNB Bank

Originating Lender City

NEWTON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

28604.63

Forgiveness Date

06/14/2021

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