PPP Loan information for Newport designs corp

$257,260

Newport designs corp was initially approved for PPP Loan of amount $257,260, the current approved amount is $257,260. The loan was approved on 01/29/2021 by The Bank of America, National Association reported 15 jobs and $257,260 was used to fund payroll.

Newport designs corp is Existing or more than 2 years old

PPP Loan Search / NJ / Colts Neck / Newport designs corp

NEWPORT DESIGNS CORP

Date Approved

01/29/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NEWPORT DESIGNS CORP

Borrower Address

4 Concord Ct

Borrower City

Colts Neck

Borrower State

NJ

Borrower Zip

07722-2029

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

257260.00

Current Approval Amount

257260.00

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

Colts Neck

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07722-2029

CD

NJ-04

Jobs Reported

15

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

257260.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

259733.92

Forgiveness Date

01/21/2022

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