Date Approved
04/11/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
ART NEWSOME, INC.
Borrower Address
728 City Center Boulevard
Borrower City
NEWPORT NEWS
Borrower State
VA
Borrower Zip
23606-2553
Loan Status Date
02/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
302300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122517
Servicing Lender Name
Atlantic Union Bank
Servicing Lender Address
1051 E Cary St, Ste 103
Servicing Lender City
RICHMOND
Servicing Lender State
Servicing Lender Zip
23219-4029
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NEWPORT NEWS CITY
Project State
Project Zip
CD
VA-03
Jobs Reported
46
NAICS Code
238220
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
304592.44
Forgiveness Date
01/25/2021