PPP Loan information for Newportland collective llc

$448,719

Newportland collective llc was initially approved for PPP Loan of amount $448,719, the current approved amount is $448,719. The loan was approved on 02/27/2021 by The Farmers & Merchants Bank of Long Beach reported 22 jobs and $448,719 was used to fund payroll.

Newportland collective llc is Existing or more than 2 years old

NEWPORTLAND COLLECTIVE LLC

Date Approved

02/27/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

NEWPORTLAND COLLECTIVE LLC

Borrower Address

1010 W 17th St

Borrower City

Costa Mesa

Borrower State

CA

Borrower Zip

92627-4503

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

448719.00

Current Approval Amount

448719.00

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

92627-4503

CD

CA-47

Jobs Reported

22

NAICS Code

541810

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

448715.00

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

Limited Liability Company(LLC)

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

451067.09

Forgiveness Date

09/09/2021

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