New Life Industries, Inc.
$798,115 PPP Loan in Somerset, Kentucky
Loan Details
- Loan Number
- 6992987005
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $798,115
- Current Approval
- $798,115
- Forgiveness Amount
- $802,709
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- New Life Industries, Inc.
- Address
- 140 Chappells Dairy Road
- City
- Somerset
- State
- Kentucky
- ZIP Code
- 42503-4589
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (315990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 90
- Estimated Revenue
- $31.8M
- Rural/Urban
- Rural
- Congressional District
- KY-05
Loan Use Breakdown
- Payroll
- $774,115
- Rent
- $4,000
- Utilities
- $20,000
Lender Information
- Servicing Lender
- Monticello Banking Company
- Originating Lender
- Monticello Banking Company
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