PPP Loan information for Newsome kite investments

$217,630

Newsome kite investments was initially approved for PPP Loan of amount $217,630, the current approved amount is $217,630. The loan was approved on 01/22/2021 by The Piedmont Federal Savings Bank reported 40 jobs and $217,630 was used to fund payroll.

Newsome kite investments is Existing or more than 2 years old

PPP Loan Search / NC / Advance / Newsome kite investments

NEWSOME KITE INVESTMENTS

Date Approved

01/22/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

NEWSOME KITE INVESTMENTS

Borrower Address

127 Bent St

Borrower City

Advance

Borrower State

NC

Borrower Zip

27006-9583

Loan Status Date

04/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

217630.00

Current Approval Amount

217630.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77303

Servicing Lender Name

Piedmont Federal Savings Bank

Servicing Lender Address

201 S Stratford Rd

Servicing Lender City

WINSTON SALEM

Servicing Lender State

NC

Servicing Lender Zip

27103-1817

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Advance

Project County Name

DAVIE

Project State

NC

Project Zip

27006-9583

CD

NC-05

Jobs Reported

40

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

217628.00

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

77303

Originating Lender

Piedmont Federal Savings Bank

Originating Lender City

WINSTON SALEM

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

218820.92

Forgiveness Date

08/13/2021

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