PPP Loan information for Newsbank, inc.

$5,292,000

Newsbank, inc. was initially approved for PPP Loan of amount $5,292,000, the current approved amount is $5,292,000. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 361 jobs and $5,292,000 was used to fund payroll.

Newsbank, inc. is Existing or more than 2 years old

PPP Loan Search / FL / Naples / Newsbank, inc.

NEWSBANK, INC.

Date Approved

04/15/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

NEWSBANK, INC.

Borrower Address

5801 Pelican Bay Blvd Ste 600

Borrower City

Naples

Borrower State

FL

Borrower Zip

34108

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5292000.00

Current Approval Amount

5292000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Naples

Project County Name

COLLIER

Project State

FL

Project Zip

34108-0002

CD

FL-19

Jobs Reported

361

NAICS Code

511199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5292000.00

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

Sole Proprietorship

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5350719.45

Forgiveness Date

06/03/2021

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