PPP Loan information for Newton depot authority

$2,973

Newton depot authority was initially approved for PPP Loan of amount $2,973, the current approved amount is $2,973. The loan was approved on 03/03/2021 by The Peoples Bank reported 3 jobs and $2,973 was used to fund payroll.

Newton depot authority is Existing or more than 2 years old

NEWTON DEPOT AUTHORITY

Date Approved

03/03/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEWTON DEPOT AUTHORITY

Borrower Address

1123 N Main Ave

Borrower City

Newton

Borrower State

NC

Borrower Zip

28658-3039

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2972.50

Current Approval Amount

2972.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newton

Project County Name

CATAWBA

Project State

NC

Project Zip

28658-3039

CD

NC-10

Jobs Reported

3

NAICS Code

712120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

2969.50

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

501(c)3 – Non Profit

Originating Lender Location Id

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

3001.89

Forgiveness Date

03/07/2022

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