PPP Loan information for Newport electric inc

$82,600

Newport electric inc was initially approved for PPP Loan of amount $82,600, the current approved amount is $82,600. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 9 jobs and $82,600 was used to fund payroll.

Newport electric inc is Unanswered

PPP Loan Search / MI / NEWPORT / Newport electric inc

NEWPORT ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEWPORT ELECTRIC INC

Borrower Address

8150 N DIXIE HWY

Borrower City

NEWPORT

Borrower State

MI

Borrower Zip

48166-9703

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82600.00

Current Approval Amount

82600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

NEWPORT

Project County Name

MONROE

Project State

MI

Project Zip

48166-9703

CD

MI-05

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

82600.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83501.72

Forgiveness Date

06/09/2021

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