PPP Loan information for Newbold corporation

$1,434,502

Newbold corporation was initially approved for PPP Loan of amount $1,434,502, the current approved amount is $1,434,502. The loan was approved on 04/08/2020 by The S & T Bank reported 153 jobs and $1,434,502 was used to fund payroll.

Newbold corporation is Existing or more than 2 years old

NEWBOLD CORPORATION

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NEWBOLD CORPORATION

Borrower Address

450 WEAVER ST

Borrower City

ROCKY MOUNT

Borrower State

VA

Borrower Zip

24151-2200

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1434502.47

Current Approval Amount

1434502.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60403

Servicing Lender Name

S & T Bank

Servicing Lender Address

800 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3908

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKY MOUNT

Project County Name

FRANKLIN

Project State

VA

Project Zip

24151-2200

CD

VA-09

Jobs Reported

153

NAICS Code

561422

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1434502.47

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

Corporation

Originating Lender Location Id

60403

Originating Lender

S & T Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1447452.84

Forgiveness Date

03/09/2021

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