PPP Loan information for Newport realty corporation

$116,822

Newport realty corporation was initially approved for PPP Loan of amount $116,822, the current approved amount is $116,822. The loan was approved on 04/09/2020 by The Tri City National Bank reported 6 jobs and $116,822 was used to fund payroll.

Newport realty corporation is Existing or more than 2 years old

NEWPORT REALTY CORPORATION

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

NEWPORT REALTY CORPORATION

Borrower Address

1020 West Blvd

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53405-2502

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116822.00

Current Approval Amount

116822.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76623

Servicing Lender Name

Tri City National Bank

Servicing Lender Address

6400 S 27th St

Servicing Lender City

OAK CREEK

Servicing Lender State

WI

Servicing Lender Zip

53154-1015

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53405-2502

CD

WI-01

Jobs Reported

6

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

90814.00

Mortgage Interest Proceed

0.00

Rent Proceed

26008.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

76623

Originating Lender

Tri City National Bank

Originating Lender City

OAK CREEK

Originating Lender State

WI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117591.08

Forgiveness Date

12/10/2020

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