PPP Loan information for Newport scientific inc.

$130,672

Newport scientific inc. was initially approved for PPP Loan of amount $130,672, the current approved amount is $130,672. The loan was approved on 02/22/2021 by The Truist Bank reported 8 jobs and $130,672 was used to fund payroll.

Newport scientific inc. is Existing or more than 2 years old

PPP Loan Search / MD / Jessup / Newport scientific inc.

NEWPORT SCIENTIFIC INC.

Date Approved

02/22/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

NEWPORT SCIENTIFIC INC.

Borrower Address

8246 Sandy Ct Ste E

Borrower City

Jessup

Borrower State

MD

Borrower Zip

20794-3003

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130672.00

Current Approval Amount

130672.00

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

Jessup

Project County Name

HOWARD

Project State

MD

Project Zip

20794-3003

CD

MD-03

Jobs Reported

8

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

130670.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

132258.21

Forgiveness Date

05/10/2022

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