PPP Loan information for Newsom oil co. inc.

$70,000

Newsom oil co. inc. was initially approved for PPP Loan of amount $70,000, the current approved amount is $70,000. The loan was approved on 05/04/2020 by The First-Citizens Bank & Trust Company reported 8 jobs and $70,000 was used to fund payroll.

Newsom oil co. inc. is New Business or 2 years or less

PPP Loan Search / NC / ROANOKE RAPIDS / Newsom oil co. inc.

NEWSOM OIL CO. INC.

Date Approved

05/04/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEWSOM OIL CO. INC.

Borrower Address

1503 W 10TH ST

Borrower City

ROANOKE RAPIDS

Borrower State

NC

Borrower Zip

27870-2351

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70000.00

Current Approval Amount

70000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROANOKE RAPIDS

Project County Name

HALIFAX

Project State

NC

Project Zip

27870-2351

CD

NC-01

Jobs Reported

8

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70000.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70396.67

Forgiveness Date

12/02/2020

;