PPP Loan information for Newcomb inc.

$22,655

Newcomb inc. was initially approved for PPP Loan of amount $22,655, the current approved amount is $22,655. The loan was approved on 04/28/2020 by The Summit Community Bank, Inc. reported 7 jobs and $22,655 was used to fund payroll.

Newcomb inc. is Existing or more than 2 years old

NEWCOMB INC.

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

NEWCOMB INC.

Borrower Address

1045 HOOPERS ISLAND RD

Borrower City

CHURCH CREEK

Borrower State

MD

Borrower Zip

21622-1112

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22655.00

Current Approval Amount

22655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHURCH CREEK

Project County Name

DORCHESTER

Project State

MD

Project Zip

21622-1112

CD

MD-01

Jobs Reported

7

NAICS Code

485410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

22655.00

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

Corporation

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22846.31

Forgiveness Date

03/05/2021

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