PPP Loan information for Newlands management corporation

$1,703,200

Newlands management corporation was initially approved for PPP Loan of amount $1,703,200, the current approved amount is $1,703,200. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 500 jobs and $1,703,200 was used to fund payroll.

Newlands management corporation is Existing or more than 2 years old

PPP Loan Search / VA / Virginia Beach / Newlands management corporation

NEWLANDS MANAGEMENT CORPORATION

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NEWLANDS MANAGEMENT CORPORATION

Borrower Address

5741 Cleveland Street Suite 180

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23462

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1703200.00

Current Approval Amount

1703200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23462-0700

CD

VA-02

Jobs Reported

500

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1703200.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1719065.42

Forgiveness Date

03/31/2021

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