PPP Loan information for Newton electric corp

$180,295

Newton electric corp was initially approved for PPP Loan of amount $180,295, the current approved amount is $180,295. The loan was approved on 04/28/2020 by The BMO Harris Bank National Association reported 16 jobs and $180,295 was used to fund payroll.

Newton electric corp is Existing or more than 2 years old

PPP Loan Search / WI / WAUSAU / Newton electric corp

NEWTON ELECTRIC CORP

Date Approved

04/28/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

NEWTON ELECTRIC CORP

Borrower Address

220 N 3RD AVE

Borrower City

WAUSAU

Borrower State

WI

Borrower Zip

54401

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180295.00

Current Approval Amount

180295.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAUSAU

Project County Name

MARATHON

Project State

WI

Project Zip

54401-0400

CD

WI-07

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

180295.00

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

Professional Association

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

181608.93

Forgiveness Date

01/26/2021

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