PPP Loan information for Newton services foundation

$2,020,233

Newton services foundation was initially approved for PPP Loan of amount $2,020,233, the current approved amount is $2,020,233. The loan was approved on 04/10/2020 by The Oxford Bank reported 258 jobs and $2,020,233 was used to fund payroll.

Newton services foundation is Existing or more than 2 years old

NEWTON SERVICES FOUNDATION

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEWTON SERVICES FOUNDATION

Borrower Address

2370 S LINDEN RD

Borrower City

FLINT

Borrower State

MI

Borrower Zip

48532-5410

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2020232.80

Current Approval Amount

2020232.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLINT

Project County Name

GENESEE

Project State

MI

Project Zip

48532-5410

CD

MI-08

Jobs Reported

258

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2020232.80

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

Non-Profit Organization

Originating Lender Location Id

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1894448.41

Forgiveness Date

08/05/2021

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