Newman Operating Co

$1,345,912 PPP Loan in Freer, Texas

Loan Details

Loan Number
9940158208
Date Approved
Jan 14, 2021
Loan Status
Paid in Full
Initial Approval
$1,345,912
Current Approval
$1,345,912
Forgiveness Amount
$1,354,249
Forgiveness Date
Aug 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Newman Operating Co
Address
5266 Highway 44
City
Freer
State
Texas
ZIP Code
78357
Business Type
Subchapter S Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (211120)
Business Age
Existing or more than 2 years old
Jobs Reported
99
Estimated Revenue
$6.0M
Rural/Urban
Rural
Congressional District
TX-15

Loan Use Breakdown

Payroll
$1,345,912

Lender Information

Servicing Lender
Freedom Bank
Originating Lender
Freedom Bank

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