Date Approved
04/06/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
NEWBURY MANAGEMENT COMPANY
Borrower Address
3408 Woodland Ave Suite 504
Borrower City
WEST DES MOINES
Borrower State
IA
Borrower Zip
50266-1911
Loan Status Date
07/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1337530.00
Current Approval Amount
371079.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24553
Servicing Lender Name
Community State Bank
Servicing Lender Address
817 N Ankeny Blvd
Servicing Lender City
ANKENY
Servicing Lender State
Servicing Lender Zip
50023-1768
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POLK
Project State
Project Zip
CD
IA-03
Jobs Reported
106
NAICS Code
531390
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
375418.56
Forgiveness Date
06/16/2021