PPP Loan information for Newton drug co llc

$82,200

Newton drug co llc was initially approved for PPP Loan of amount $61,400, the current approved amount is $82,200. The loan was approved on 04/14/2020 by The Peoples Bank reported 13 jobs and $82,200 was used to fund payroll.

Newton drug co llc is Existing or more than 2 years old

NEWTON DRUG CO LLC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEWTON DRUG CO LLC

Borrower Address

401 West A Street

Borrower City

NEWTON

Borrower State

NC

Borrower Zip

28658

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61400.00

Current Approval Amount

82200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

CATAWBA

Project State

NC

Project Zip

28658-0001

CD

NC-10

Jobs Reported

13

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

82200.00

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

Partnership

Originating Lender Location Id

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83031.13

Forgiveness Date

04/29/2021

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