PPP Loan information for Newport new baptist retirement community

$1,828,682

Newport new baptist retirement community was initially approved for PPP Loan of amount $1,828,682, the current approved amount is $1,828,682. The loan was approved on 04/11/2020 by The Truist Bank reported 310 jobs and $1,828,682 was used to fund payroll.

Newport new baptist retirement community is Existing or more than 2 years old

NEWPORT NEW BAPTIST RETIREMENT COMMUNITY

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NEWPORT NEW BAPTIST RETIREMENT COMMUNITY

Borrower Address

955 Harpersville Road

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23601-1038

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1828682.37

Current Approval Amount

1828682.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23601-1038

CD

VA-03

Jobs Reported

310

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1828682.37

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

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1849966.20

Forgiveness Date

06/11/2021

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