Newco Electric, LLC

$41,108 PPP Loan in Kannapolis, North Carolina

Loan Details

Loan Number
6749227806
Date Approved
Jun 2, 2020
Loan Status
Paid in Full
Initial Approval
$41,108
Current Approval
$41,108
Forgiveness Amount
$41,450
Forgiveness Date
Apr 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newco Electric, LLC
Address
6135 Ashland Road
ZIP Code
28083
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NC-08

Loan Use Breakdown

Payroll
$41,108

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

Other PPP Loans in Kannapolis, NC

BusinessApproved
Hilbish Motor Company$813,050NewBizBotAI Deep Dive
Mtld INC$776,805NewBizBotAI Deep Dive
O INC$737,671NewBizBotAI Deep Dive
Kontek Industries INC$688,100NewBizBotAI Deep Dive
Seniro Ventures & Management, Inc.$671,840NewBizBotAI Deep Dive

Want to research this company further?