PPP Loan information for Newman brothers inc

$101,800

Newman brothers inc was initially approved for PPP Loan of amount $101,800, the current approved amount is $101,800. The loan was approved on 04/13/2020 by The Truist Bank reported 13 jobs and $101,800 was used to fund payroll.

Newman brothers inc is Existing or more than 2 years old

NEWMAN BROTHERS INC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEWMAN BROTHERS INC

Borrower Address

16768 Hwy 268 W

Borrower City

ELKIN

Borrower State

NC

Borrower Zip

28621

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101800.00

Current Approval Amount

101800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKIN

Project County Name

SURRY

Project State

NC

Project Zip

28621-0001

CD

NC-05

Jobs Reported

13

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

101800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

102750.13

Forgiveness Date

04/08/2021

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