PPP Loan information for O. a. newton and son company

$339,398

O. a. newton and son company was initially approved for PPP Loan of amount $339,398, the current approved amount is $339,398. The loan was approved on 04/07/2020 by The Wilmington Savings Fund Society, FSB reported 22 jobs and $339,398 was used to fund payroll.

O. a. newton and son company is Existing or more than 2 years old

O. A. NEWTON AND SON COMPANY

Date Approved

04/07/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

O. A. NEWTON AND SON COMPANY

Borrower Address

16356 SUSSEX HWY

Borrower City

BRIDGEVILLE

Borrower State

DE

Borrower Zip

19933-2963

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

339397.50

Current Approval Amount

339397.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRIDGEVILLE

Project County Name

SUSSEX

Project State

DE

Project Zip

19933-2963

CD

DE-

Jobs Reported

22

NAICS Code

333924

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

34872.00

Payroll Proceed

285199.50

Mortgage Interest Proceed

11726.00

Rent Proceed

7600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

342689.19

Forgiveness Date

04/12/2021

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