Newsome Electrical Construction LLC

$605,400 PPP Loan in Augusta, Georgia

Loan Details

Loan Number
6526707005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$605,400
Current Approval
$605,400
Forgiveness Amount
$608,898
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Newsome Electrical Construction LLC
Address
3317 Perkins Road
State
Georgia
ZIP Code
30906-3813
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$19.7M
Rural/Urban
Urban
Congressional District
GA-12

Loan Use Breakdown

Payroll
$484,320
Utilities
$60,540
Mortgage Interest
$60,540

Lender Information

Servicing Lender
Queensborough National Bank and Trust Company
Originating Lender
Queensborough National Bank and Trust Company

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