PPP Loan information for Newport rib company inc

$241,692

Newport rib company inc was initially approved for PPP Loan of amount $241,692, the current approved amount is $241,692. The loan was approved on 02/03/2021 by The Farmers & Merchants Bank of Long Beach reported 40 jobs and $241,692 was used to fund payroll.

Newport rib company inc is Existing or more than 2 years old

NEWPORT RIB COMPANY INC

Date Approved

02/03/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

NEWPORT RIB COMPANY INC

Borrower Address

2196 Harbor Blvd

Borrower City

Costa Mesa

Borrower State

CA

Borrower Zip

92627-2531

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

241692.01

Current Approval Amount

241692.01

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Costa Mesa

Project County Name

ORANGE

Project State

CA

Project Zip

92627-2531

CD

CA-47

Jobs Reported

40

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

241689.01

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

243241.49

Forgiveness Date

09/28/2021

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