PPP Loan information for Newport somerset management, llc

$242,800

Newport somerset management, llc was initially approved for PPP Loan of amount $242,800, the current approved amount is $242,800. The loan was approved on 04/10/2020 by The TowneBank reported 32 jobs and $242,800 was used to fund payroll.

Newport somerset management, llc is Existing or more than 2 years old

PPP Loan Search / NJ / SOMERSET / Newport somerset management, llc

NEWPORT SOMERSET MANAGEMENT, LLC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWPORT SOMERSET MANAGEMENT, LLC

Borrower Address

250 Davidson Ave

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

08873-4115

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242800.00

Current Approval Amount

242800.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-4115

CD

NJ-12

Jobs Reported

32

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

242800.00

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

245342.66

Forgiveness Date

05/05/2021

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