PPP Loan information for Built by newport corporation

$505,356

Built by newport corporation was initially approved for PPP Loan of amount $495,356, the current approved amount is $505,356. The loan was approved on 06/08/2020 by The Passumpsic Savings Bank reported 58 jobs and $505,356 was used to fund payroll.

Built by newport corporation is Existing or more than 2 years old

BUILT BY NEWPORT CORPORATION

Date Approved

06/08/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

BUILT BY NEWPORT CORPORATION

Borrower Address

450 MAIN ST

Borrower City

NEWPORT

Borrower State

VT

Borrower Zip

05855-4850

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

495356.15

Current Approval Amount

505356.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73045

Servicing Lender Name

Passumpsic Savings Bank

Servicing Lender Address

497 Railroad St

Servicing Lender City

SAINT JOHNSBURY

Servicing Lender State

VT

Servicing Lender Zip

05819-1643

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

ORLEANS

Project State

VT

Project Zip

05855-4850

CD

VT-

Jobs Reported

58

NAICS Code

337122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

56000.00

Payroll Proceed

410000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

39356.15

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73045

Originating Lender

Passumpsic Savings Bank

Originating Lender City

SAINT JOHNSBURY

Originating Lender State

VT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

508332.91

Forgiveness Date

01/14/2021

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