PPP Loan information for New b. inc.

$204,452

New b. inc. was initially approved for PPP Loan of amount $204,452, the current approved amount is $204,452. The loan was approved on 02/05/2021 by The TowneBank reported 52 jobs and $204,452 was used to fund payroll.

New b. inc. is Existing or more than 2 years old

PPP Loan Search / VA / Newport News / New b. inc.

NEW B. INC.

Date Approved

02/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

NEW B. INC.

Borrower Address

100 Newmarket Sq

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23605-2730

Loan Status Date

07/29/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

204452.00

Current Approval Amount

204452.00

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

VA

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

Newport News

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23605-2730

CD

VA-03

Jobs Reported

52

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

204450.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

207308.65

Forgiveness Date

06/30/2022

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