PPP Loan information for Newton building & development, llc

$245,990

Newton building & development, llc was initially approved for PPP Loan of amount $245,990, the current approved amount is $245,990. The loan was approved on 02/06/2021 by The Bank of America, National Association reported 12 jobs and $245,990 was used to fund payroll.

Newton building & development, llc is Existing or more than 2 years old

NEWTON BUILDING & DEVELOPMENT, LLC

Date Approved

02/06/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

NEWTON BUILDING & DEVELOPMENT, LLC

Borrower Address

1120 Pearl St

Borrower City

Bremerton

Borrower State

WA

Borrower Zip

98310-2838

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

245990.00

Current Approval Amount

245990.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Bremerton

Project County Name

KITSAP

Project State

WA

Project Zip

98310-2838

CD

WA-06

Jobs Reported

12

NAICS Code

236220

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

245986.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

248456.64

Forgiveness Date

02/10/2022

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