PPP Loan information for Newport tool llc

$40,545

Newport tool llc was initially approved for PPP Loan of amount $40,545, the current approved amount is $40,545. The loan was approved on 04/05/2020 by The Cache Valley Bank reported 3 jobs and $40,545 was used to fund payroll.

Newport tool llc is New Business or 2 years or less

NEWPORT TOOL LLC

Date Approved

04/05/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

NEWPORT TOOL LLC

Borrower Address

700735 North 700 West

Borrower City

NORTH SALT LAKE

Borrower State

UT

Borrower Zip

84054-2741

Loan Status Date

01/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40544.94

Current Approval Amount

40544.94

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NORTH SALT LAKE

Project County Name

DAVIS

Project State

UT

Project Zip

84054-2741

CD

UT-02

Jobs Reported

3

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40544.94

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40791.59

Forgiveness Date

11/17/2020

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