PPP Loan information for Newcomb carpet, inc.

$116,340

Newcomb carpet, inc. was initially approved for PPP Loan of amount $116,340, the current approved amount is $116,340. The loan was approved on 04/09/2020 by The First National Bank reported 10 jobs and $116,340 was used to fund payroll.

Newcomb carpet, inc. is Existing or more than 2 years old

NEWCOMB CARPET, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NEWCOMB CARPET, INC.

Borrower Address

1491 W MAIN ST

Borrower City

DANVILLE

Borrower State

VA

Borrower Zip

24541-4715

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116340.00

Current Approval Amount

116340.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVILLE

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24541-4715

CD

VA-05

Jobs Reported

10

NAICS Code

314110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3268.00

Payroll Proceed

93072.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117461.39

Forgiveness Date

04/05/2021

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