PPP Loan information for Newport systems inc.

$281,787

Newport systems inc. was initially approved for PPP Loan of amount $281,787, the current approved amount is $281,787. The loan was approved on 01/26/2021 by The Valley National Bank reported 18 jobs and $281,787 was used to fund payroll.

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

PPP Loan Search / NJ / Wall Township / Newport systems inc.

NEWPORT SYSTEMS INC.

Date Approved

01/26/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWPORT SYSTEMS INC.

Borrower Address

3350 State Route 138

Borrower City

Wall Township

Borrower State

NJ

Borrower Zip

07719-9693

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

281787.00

Current Approval Amount

281787.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wall Township

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07719-9693

CD

NJ-04

Jobs Reported

18

NAICS Code

511210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

281786.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

284033.47

Forgiveness Date

11/16/2021

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