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
- City
- Bay City
- State
- Michigan
- 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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|---|---|---|
| Fabiano Bros., Inc. | $4,744,019 | |
| M & R Corporate Services LLC | $2,842,600 | |
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| Calgary Services, LLC | $2,614,200 | |
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