PPP Loan information for New field inc.

$562,500

New field inc. was initially approved for PPP Loan of amount $562,500, the current approved amount is $562,500. The loan was approved on 04/10/2020 by The Blue Ridge Bank, National Association reported 47 jobs and $562,500 was used to fund payroll.

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

NEW FIELD INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NEW FIELD INC.

Borrower Address

10451 Dow-Gil Road

Borrower City

ASHLAND

Borrower State

VA

Borrower Zip

23005-7639

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

562500.00

Current Approval Amount

562500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

HANOVER

Project State

VA

Project Zip

23005-7639

CD

VA-01

Jobs Reported

47

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

530000.00

Mortgage Interest Proceed

0.00

Rent Proceed

6600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8100.00

Debt Interest Proceed

13800

Business Type

Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

569656.25

Forgiveness Date

07/22/2021

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