PPP Loan information for Newsome's restaurant inc.

$43,800

Newsome's restaurant inc. was initially approved for PPP Loan of amount $43,800, the current approved amount is $43,800. The loan was approved on 04/06/2020 by The Blue Ridge Bank, National Association reported 8 jobs and $43,800 was used to fund payroll.

Newsome's restaurant inc. is Existing or more than 2 years old

PPP Loan Search / VA / BURGESS / Newsome's restaurant inc.

NEWSOME'S RESTAURANT INC.

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NEWSOME'S RESTAURANT INC.

Borrower Address

235 Jessie Dupont Memorial Hwy

Borrower City

BURGESS

Borrower State

VA

Borrower Zip

22432-2024

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43800.00

Current Approval Amount

43800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURGESS

Project County Name

NORTHUMBERLAND

Project State

VA

Project Zip

22432-2024

CD

VA-01

Jobs Reported

8

NAICS Code

722110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4200.00

Payroll Proceed

33600.00

Mortgage Interest Proceed

0.00

Rent Proceed

2200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3800.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44029.95

Forgiveness Date

10/14/2020

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