Date Approved
04/27/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
NEWPORT CAPITAL VENTURES, LLC.
Borrower Address
1436 US 52 North
Borrower City
ALBEMARLE
Borrower State
NC
Borrower Zip
28001-2622
Loan Status Date
07/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
23680.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
50369
Servicing Lender Name
Uwharrie Bank
Servicing Lender Address
167 N 2nd St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
28001-4803
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
STANLY
Project State
Project Zip
CD
NC-08
Jobs Reported
4
NAICS Code
713940
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1736.00
Payroll Proceed
18944.00
Mortgage Interest Proceed
Rent Proceed
3000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
23947.72
Forgiveness Date
06/10/2021