Newton Excavating Inc.

$49,900 PPP Loan in Montrose, Michigan

Loan Details

Loan Number
3940007205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$49,900
Current Approval
$49,900
Forgiveness Amount
$50,208
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newton Excavating Inc.
Address
9230 Vienna Rd
ZIP Code
48457-9729
Business Type
Corporation
Industry (NAICS)
Construction (237210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-08

Loan Use Breakdown

Payroll
$37,425
Rent
$12,000
Utilities
$475

Lender Information

Servicing Lender
Elga Cu
Originating Lender
Elga Cu

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