PPP Loan information for Newtown youth academy, inc.

$116,000

Newtown youth academy, inc. was initially approved for PPP Loan of amount $116,000, the current approved amount is $116,000. The loan was approved on 04/05/2020 by The Newtown Savings Bank reported 45 jobs and $116,000 was used to fund payroll.

Newtown youth academy, inc. is Existing or more than 2 years old

NEWTOWN YOUTH ACADEMY, INC.

Date Approved

04/05/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

NEWTOWN YOUTH ACADEMY, INC.

Borrower Address

4 Primrose Street

Borrower City

NEWTOWN

Borrower State

CT

Borrower Zip

06470-5308

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116000.00

Current Approval Amount

116000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16403

Servicing Lender Name

Newtown Savings Bank

Servicing Lender Address

39 Main St

Servicing Lender City

NEWTOWN

Servicing Lender State

CT

Servicing Lender Zip

06470-2134

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTOWN

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06470-5308

CD

CT-05

Jobs Reported

45

NAICS Code

713940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

116000.00

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

Non-Profit Organization

Originating Lender Location Id

16403

Originating Lender

Newtown Savings Bank

Originating Lender City

NEWTOWN

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

116976.33

Forgiveness Date

03/01/2021

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