Newman Operating Co

$1,522,605 PPP Loan in Freer, Texas

Loan Details

Loan Number
7809657008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,522,605
Current Approval
$1,522,605
Forgiveness Amount
$1,533,813
Forgiveness Date
Jan 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newman Operating Co
Address
P.o. Box 448
City
Freer
State
Texas
ZIP Code
78357-0141
Business Type
Subchapter S Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
109
Estimated Revenue
$6.6M
Rural/Urban
Rural
Congressional District
TX-28

Loan Use Breakdown

Payroll
$1,458,658
Health Care
$63,948

Lender Information

Servicing Lender
Freedom Bank
Originating Lender
Freedom Bank

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