PPP Loan information for Newport frederick management llc

$257,000

Newport frederick management llc was initially approved for PPP Loan of amount $257,000, the current approved amount is $257,000. The loan was approved on 04/28/2020 by The TowneBank reported 27 jobs and $257,000 was used to fund payroll.

Newport frederick management llc is Existing or more than 2 years old

PPP Loan Search / MD / FREDERICK / Newport frederick management llc

NEWPORT FREDERICK MANAGEMENT LLC

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

NEWPORT FREDERICK MANAGEMENT LLC

Borrower Address

7226 Corporate Ct.

Borrower City

FREDERICK

Borrower State

MD

Borrower Zip

21703

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257000.00

Current Approval Amount

257000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FREDERICK

Project County Name

FREDERICK

Project State

MD

Project Zip

21703-1125

CD

MD-06

Jobs Reported

27

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

257000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

259662.81

Forgiveness Date

05/13/2021

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