PPP Loan information for Newport restaurant corp.

$97,934

Newport restaurant corp. was initially approved for PPP Loan of amount $97,934, the current approved amount is $97,934. The loan was approved on 02/24/2021 by The Live Oak Banking Company reported 3 jobs and $97,934 was used to fund payroll.

Newport restaurant corp. is Existing or more than 2 years old

PPP Loan Search / OR / Newport / Newport restaurant corp.

NEWPORT RESTAURANT CORP.

Date Approved

02/24/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

NEWPORT RESTAURANT CORP.

Borrower Address

536 SW Elizabeth St

Borrower City

Newport

Borrower State

OR

Borrower Zip

97365-5012

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

97934.00

Current Approval Amount

97934.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

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

LINCOLN

Project State

OR

Project Zip

97365-5012

CD

OR-04

Jobs Reported

3

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

97929.00

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

Subchapter S Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98985.78

Forgiveness Date

04/04/2022

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