PPP Loan information for Newport somerset management

$340,039

Newport somerset management was initially approved for PPP Loan of amount $340,039, the current approved amount is $340,039. The loan was approved on 03/20/2021 by The TowneBank reported 32 jobs and $340,039 was used to fund payroll.

Newport somerset management is Existing or more than 2 years old

PPP Loan Search / VA / Williamsburg / Newport somerset management

NEWPORT SOMERSET MANAGEMENT

Date Approved

03/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

NEWPORT SOMERSET MANAGEMENT

Borrower Address

4290 New Town Ave

Borrower City

Williamsburg

Borrower State

VA

Borrower Zip

23188-2681

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

340039.00

Current Approval Amount

340039.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

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

32

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

340037.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

343089.91

Forgiveness Date

02/10/2022

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