PPP Loan information for Newport hospitality group, inc.

$670,158

Newport hospitality group, inc. was initially approved for PPP Loan of amount $670,158, the current approved amount is $670,158. The loan was approved on 04/27/2020 by The Pinnacle Bank reported 45 jobs and $670,158 was used to fund payroll.

Newport hospitality group, inc. is Existing or more than 2 years old

PPP Loan Search / VA / WILLIAMSBURG / Newport hospitality group, inc.

NEWPORT HOSPITALITY GROUP, INC.

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NEWPORT HOSPITALITY GROUP, INC.

Borrower Address

4290 NEW TOWN AVE

Borrower City

WILLIAMSBURG

Borrower State

VA

Borrower Zip

23188

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

670157.50

Current Approval Amount

670157.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSBURG

Project County Name

JAMES CITY

Project State

VA

Project Zip

23188-0001

CD

VA-01

Jobs Reported

45

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

670157.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

676950.88

Forgiveness Date

05/06/2021

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