PPP Loan information for Newbridge, inc

$799,300

Newbridge, inc was initially approved for PPP Loan of amount $799,300, the current approved amount is $799,300. The loan was approved on 04/06/2020 by The First United Bank & Trust reported 58 jobs and $799,300 was used to fund payroll.

Newbridge, inc is Existing or more than 2 years old

PPP Loan Search / MD / FREDERICK / Newbridge, inc

NEWBRIDGE, INC

Date Approved

04/06/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

NEWBRIDGE, INC

Borrower Address

5330 Spectrum Drive, Suite H

Borrower City

FREDERICK

Borrower State

MD

Borrower Zip

21703-7301

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

799300.00

Current Approval Amount

799300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FREDERICK

Project County Name

FREDERICK

Project State

MD

Project Zip

21703-7301

CD

MD-06

Jobs Reported

58

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

799300.00

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

Subchapter S Corporation

Originating Lender Location Id

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

807825.87

Forgiveness Date

05/05/2021

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