Date Approved
04/14/2020
SBA Office Code
0455
Processing Method
PPP
Borrower Name
NEWS CAF, INC.
Borrower Address
800 OCEAN DR
Borrower City
MIAMI BEACH
Borrower State
FL
Borrower Zip
33139-5809
Loan Status Date
03/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
561001.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
17297
Servicing Lender Name
Pacific National Bank
Servicing Lender Address
1390 Brickell Ave
Servicing Lender City
MIAMI
Servicing Lender State
Servicing Lender Zip
33131-3316
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIAMI-DADE
Project State
Project Zip
CD
FL-24
Jobs Reported
106
NAICS Code
722511
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
23700.00
Payroll Proceed
443508.00
Mortgage Interest Proceed
Rent Proceed
85255.00
Refinance EIDL Proceed
Health Care Proceed
5182.00
Debt Interest Proceed
3356
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
565504.38
Forgiveness Date
02/11/2021