PPP Loan information for Newport auto works, inc.

$82,800

Newport auto works, inc. was initially approved for PPP Loan of amount $82,800, the current approved amount is $82,800. The loan was approved on 04/03/2020 by The Passumpsic Savings Bank reported 8 jobs and $82,800 was used to fund payroll.

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

PPP Loan Search / VT / NEWPORT / Newport auto works, inc.

NEWPORT AUTO WORKS, INC.

Date Approved

04/03/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

NEWPORT AUTO WORKS, INC.

Borrower Address

472 UNION ST

Borrower City

NEWPORT

Borrower State

VT

Borrower Zip

05855-5466

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82800.00

Current Approval Amount

82800.00

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

05855-5466

CD

VT-

Jobs Reported

8

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

76300.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

Non-Veteran

Non Profit

Forgiveness Amount

83587.17

Forgiveness Date

03/24/2021

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