PPP Loan information for Newton welding services

$316,764

Newton welding services was initially approved for PPP Loan of amount $316,764, the current approved amount is $316,764. The loan was approved on 04/14/2020 by The Traditions First Bank reported 62 jobs and $316,764 was used to fund payroll.

Newton welding services is Existing or more than 2 years old

PPP Loan Search / TN / McEwen / Newton welding services

NEWTON WELDING SERVICES

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

NEWTON WELDING SERVICES

Borrower Address

1968 Curtis Chapel Rd

Borrower City

McEwen

Borrower State

TN

Borrower Zip

37101

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316764.00

Current Approval Amount

316764.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203926

Servicing Lender Name

Traditions First Bank

Servicing Lender Address

5745 E Main St

Servicing Lender City

ERIN

Servicing Lender State

TN

Servicing Lender Zip

37061-4183

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

McEwen

Project County Name

HUMPHREYS

Project State

TN

Project Zip

37101-0001

CD

TN-07

Jobs Reported

62

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

316764.00

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

203926

Originating Lender

Traditions First Bank

Originating Lender City

ERIN

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

319193.97

Forgiveness Date

01/25/2021

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