Date Approved
04/15/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
NEW B, INC
Borrower Address
100 Newmarket Square West
Borrower City
NEWPORT NEWS
Borrower State
VA
Borrower Zip
23605
Loan Status Date
03/13/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
146000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
123548
Servicing Lender Name
TowneBank
Servicing Lender Address
5716 High St West
Servicing Lender City
PORTSMOUTH
Servicing Lender State
Servicing Lender Zip
23703-4502
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NEWPORT NEWS CITY
Project State
Project Zip
23605-0001
CD
VA-03
Jobs Reported
58
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
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
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
147228.83
Forgiveness Date
02/25/2021