PPP Loan information for Newmel properties

$22,198

Newmel properties was initially approved for PPP Loan of amount $22,198, the current approved amount is $22,198. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 1 jobs and $22,198 was used to fund payroll.

Newmel properties is Existing or more than 2 years old

NEWMEL PROPERTIES

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEWMEL PROPERTIES

Borrower Address

1243 ABERNATHY RD

Borrower City

STANLEY

Borrower State

NC

Borrower Zip

28164-9414

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22198.00

Current Approval Amount

22198.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STANLEY

Project County Name

GASTON

Project State

NC

Project Zip

28164-9414

CD

NC-14

Jobs Reported

1

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22198.00

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

Sole Proprietorship

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21094.17

Forgiveness Date

08/05/2021

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