PPP Loan information for Newport hospitality group inc.

$938,221

Newport hospitality group inc. was initially approved for PPP Loan of amount $938,221, the current approved amount is $938,221. The loan was approved on 01/27/2021 by The Pinnacle Bank reported 45 jobs and $938,221 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

01/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

NEWPORT HOSPITALITY GROUP INC.

Borrower Address

4290 New Town Ave

Borrower City

Williamsburg

Borrower State

VA

Borrower Zip

23188-2681

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

938220.50

Current Approval Amount

938220.50

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

23188-2681

CD

VA-01

Jobs Reported

45

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

938216.50

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

947551.30

Forgiveness Date

01/28/2022

;