PPP Loan information for Newton services foundation inc.

$2,000,000

Newton services foundation inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/19/2021 by The Oxford Bank reported 258 jobs and $2,000,000 was used to fund payroll.

Newton services foundation inc. is Existing or more than 2 years old

NEWTON SERVICES FOUNDATION INC.

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NEWTON SERVICES FOUNDATION INC.

Borrower Address

2370 S Linden Rd

Borrower City

Flint

Borrower State

MI

Borrower Zip

48532-5424

Loan Status Date

06/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Flint

Project County Name

GENESEE

Project State

MI

Project Zip

48532-5424

CD

MI-08

Jobs Reported

258

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Non-Profit Organization

Originating Lender Location Id

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2027166.67

Forgiveness Date

05/27/2022

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