PPP Loan information for Newport carpet, inc

$111,955

Newport carpet, inc was initially approved for PPP Loan of amount $111,955, the current approved amount is $111,955. The loan was approved on 04/10/2020 by The Pioneer Trust Bank, National Association reported 14 jobs and $111,955 was used to fund payroll.

Newport carpet, inc is Existing or more than 2 years old

NEWPORT CARPET, INC

Date Approved

04/10/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

NEWPORT CARPET, INC

Borrower Address

350 E Olive St

Borrower City

Newport

Borrower State

OR

Borrower Zip

97365-2947

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111955.00

Current Approval Amount

111955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59705

Servicing Lender Name

Pioneer Trust Bank, National Association

Servicing Lender Address

109 Commercial St NE

Servicing Lender City

SALEM

Servicing Lender State

OR

Servicing Lender Zip

97301-3402

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

97365-2947

CD

OR-04

Jobs Reported

14

NAICS Code

442210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

111955.00

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

Corporation

Originating Lender Location Id

59705

Originating Lender

Pioneer Trust Bank, National Association

Originating Lender City

SALEM

Originating Lender State

OR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

113086.82

Forgiveness Date

04/21/2021

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