PPP Loan information for Newcomb tree services inc

$198,516

Newcomb tree services inc was initially approved for PPP Loan of amount $198,516, the current approved amount is $198,516. The loan was approved on 03/13/2021 by The Truist Bank reported 21 jobs and $198,516 was used to fund payroll.

Newcomb tree services inc is Existing or more than 2 years old

NEWCOMB TREE SERVICES INC

Date Approved

03/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

NEWCOMB TREE SERVICES INC

Borrower Address

2585 US 70 Hwy

Borrower City

Swannanoa

Borrower State

NC

Borrower Zip

28778-9106

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

198515.87

Current Approval Amount

198515.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Swannanoa

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28778-9106

CD

NC-11

Jobs Reported

21

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

198514.87

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

199596.68

Forgiveness Date

10/06/2021

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