PPP Loan information for Newswise inc.

$64,840

Newswise inc. was initially approved for PPP Loan of amount $64,840, the current approved amount is $64,840. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 6 jobs and $64,840 was used to fund payroll.

Newswise inc. is New Business or 2 years or less

NEWSWISE INC.

Date Approved

05/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NEWSWISE INC.

Borrower Address

265 TURKEYSAG TRL STE 102 # 110

Borrower City

PALMYRA

Borrower State

VA

Borrower Zip

22963-2654

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64840.00

Current Approval Amount

64840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PALMYRA

Project County Name

FLUVANNA

Project State

VA

Project Zip

22963-2654

CD

VA-05

Jobs Reported

6

NAICS Code

541820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64840.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65250.36

Forgiveness Date

12/23/2020

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