PPP Loan information for The news group inc

$129,315

The news group inc was initially approved for PPP Loan of amount $129,315, the current approved amount is $129,315. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 6 jobs and $129,315 was used to fund payroll.

The news group inc is New Business or 2 years or less

THE NEWS GROUP INC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

THE NEWS GROUP INC

Borrower Address

6600 N MILITARY TRL

Borrower City

BOCA RATON

Borrower State

FL

Borrower Zip

33496-2434

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129315.00

Current Approval Amount

129315.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BOCA RATON

Project County Name

PALM BEACH

Project State

FL

Project Zip

33496-2434

CD

FL-23

Jobs Reported

6

NAICS Code

512110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

129315.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

130129.86

Forgiveness Date

12/22/2020

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