PPP Loan information for Newark land group, inc.

$61,050

Newark land group, inc. was initially approved for PPP Loan of amount $61,050, the current approved amount is $61,050. The loan was approved on 05/06/2020 by The Celtic Bank Corporation reported 16 jobs and $61,050 was used to fund payroll.

Newark land group, inc. is New Business or 2 years or less

PPP Loan Search / DE / Newark / Newark land group, inc.

NEWARK LAND GROUP, INC.

Date Approved

05/06/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

NEWARK LAND GROUP, INC.

Borrower Address

630 South College Avenue

Borrower City

Newark

Borrower State

DE

Borrower Zip

19713

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61050.00

Current Approval Amount

61050.00

Undisbursed Amount

0.00

Franchise Name

Baymont by Wyndham aka Baymont Inn & Suites

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19713-1003

CD

DE-

Jobs Reported

16

NAICS Code

721199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7631.25

Payroll Proceed

45787.50

Mortgage Interest Proceed

0.00

Rent Proceed

7631.25

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61841.14

Forgiveness Date

08/24/2021

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