PPP Loan information for Neco industries inc

$288,200

Neco industries inc was initially approved for PPP Loan of amount $288,200, the current approved amount is $288,200. The loan was approved on 04/07/2020 by The First Bethany Bank & Trust reported 23 jobs and $288,200 was used to fund payroll.

Neco industries inc is Existing or more than 2 years old

NECO INDUSTRIES INC

Date Approved

04/07/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

NECO INDUSTRIES INC

Borrower Address

3345 S ANN ARBOR AVE

Borrower City

OKLAHOMA CITY

Borrower State

OK

Borrower Zip

73179-7619

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

288200.00

Current Approval Amount

288200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58768

Servicing Lender Name

First Bethany Bank & Trust

Servicing Lender Address

6500 NW 39th Expwy

Servicing Lender City

BETHANY

Servicing Lender State

OK

Servicing Lender Zip

73008

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OKLAHOMA CITY

Project County Name

OKLAHOMA

Project State

OK

Project Zip

73179-7619

CD

OK-03

Jobs Reported

23

NAICS Code

331210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

9000.00

Payroll Proceed

224200.00

Mortgage Interest Proceed

0.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

37000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58768

Originating Lender

First Bethany Bank & Trust

Originating Lender City

BETHANY

Originating Lender State

OK

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

280085.58

Forgiveness Date

12/17/2020

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