PPP Loan information for Newport auto center, inc.

$158,411

Newport auto center, inc. was initially approved for PPP Loan of amount $158,411, the current approved amount is $158,411. The loan was approved on 04/14/2020 by The Umpqua Bank reported 15 jobs and $158,411 was used to fund payroll.

Newport auto center, inc. is Existing or more than 2 years old

NEWPORT AUTO CENTER, INC.

Date Approved

04/14/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

NEWPORT AUTO CENTER, INC.

Borrower Address

1030 N COAST HWY

Borrower City

NEWPORT

Borrower State

OR

Borrower Zip

97365-3146

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158411.20

Current Approval Amount

158411.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

LINCOLN

Project State

OR

Project Zip

97365-3146

CD

OR-04

Jobs Reported

15

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

158411.20

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

159791.33

Forgiveness Date

03/05/2021

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