PPP Loan information for Newton laboratories inc

$120,098

Newton laboratories inc was initially approved for PPP Loan of amount $58,200, the current approved amount is $120,098. The loan was approved on 04/14/2020 by The Truist Bank reported 18 jobs and $120,098 was used to fund payroll.

Newton laboratories inc is Existing or more than 2 years old

NEWTON LABORATORIES INC

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

NEWTON LABORATORIES INC

Borrower Address

455 GEES MILL BUSINESS CT NE

Borrower City

CONYERS

Borrower State

GA

Borrower Zip

30013-1577

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58200.00

Current Approval Amount

120097.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONYERS

Project County Name

ROCKDALE

Project State

GA

Project Zip

30013-1577

CD

GA-04

Jobs Reported

18

NAICS Code

325411

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

120097.50

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

121068.29

Forgiveness Date

02/23/2021

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