PPP Loan information for The news leader inc

$19,600

The news leader inc was initially approved for PPP Loan of amount $19,600, the current approved amount is $19,600. The loan was approved on 04/10/2020 by The Decatur County Bank reported 3 jobs and $19,600 was used to fund payroll.

The news leader inc is Existing or more than 2 years old

THE NEWS LEADER INC

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

THE NEWS LEADER INC

Borrower Address

526 N FLORIDA AVE

Borrower City

PARSONS

Borrower State

TN

Borrower Zip

38363-2626

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19600.00

Current Approval Amount

19600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66917

Servicing Lender Name

Decatur County Bank

Servicing Lender Address

56 N Pleasant St

Servicing Lender City

DECATURVILLE

Servicing Lender State

TN

Servicing Lender Zip

38329-4083

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARSONS

Project County Name

DECATUR

Project State

TN

Project Zip

38363-2626

CD

TN-07

Jobs Reported

3

NAICS Code

511110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

19600.00

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

66917

Originating Lender

Decatur County Bank

Originating Lender City

DECATURVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17666.17

Forgiveness Date

02/19/2021

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