Date Approved
04/23/2021
SBA Office Code
0165
Processing Method
PPP
Borrower Name
NEWPORT MORTGAGE LLC
Borrower Address
8 Armstrong Pl
Borrower City
Newport
Borrower State
RI
Borrower Zip
02840-1602
Loan Status Date
11/18/2022
Loan Status
Charged Off
Term
41
SBA Guaranty Percentage
100
Initial Approval Amount
20832.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
188567
Servicing Lender Name
Loan Source Incorporated
Servicing Lender Address
353 East 83rd Street Suite 3H
Servicing Lender City
NEW YORK
Servicing Lender State
NY
Servicing Lender Zip
10028
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NEWPORT
Project State
Project Zip
CD
RI-01
Jobs Reported
1
NAICS Code
522310
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Single Member LLC
Originating Lender Location Id
29599
Originating Lender
Northeast Bank
Originating Lender City
LEWISTON
Originating Lender State
ME
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
Forgiveness Date