Newtech Financial Services LLC

$390,012 PPP Loan in Bay City, Michigan

Loan Details

Loan Number
6112867007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$390,012
Current Approval
$390,012
Forgiveness Amount
$392,790
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Newtech Financial Services LLC
Address
700 4th St
ZIP Code
48708-5208
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Finance and Insurance (524128)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$16.4M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$312,010
Rent
$52,000
Utilities
$26,002

Lender Information

Servicing Lender
Frankenmuth Cu
Originating Lender
Frankenmuth Cu

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