PPP Loan information for Newsmith inc.

$74,250

Newsmith inc. was initially approved for PPP Loan of amount $74,250, the current approved amount is $74,250. The loan was approved on 02/27/2021 by The Truist Bank reported 4 jobs and $74,250 was used to fund payroll.

Newsmith inc. is Existing or more than 2 years old

NEWSMITH INC.

Date Approved

02/27/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

NEWSMITH INC.

Borrower Address

2006 New Garden Rd Ste 208

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27410-2568

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74249.65

Current Approval Amount

74249.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27410-2568

CD

NC-06

Jobs Reported

4

NAICS Code

511110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

74247.65

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

74561.09

Forgiveness Date

08/02/2021

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