PPP Loan information for Newcomer associates, inc.

$320,529

Newcomer associates, inc. was initially approved for PPP Loan of amount $320,529, the current approved amount is $320,529. The loan was approved on 04/07/2020 by The Farmers and Merchants Trust Company of Chambersburg reported 21 jobs and $320,529 was used to fund payroll.

Newcomer associates, inc. is Existing or more than 2 years old

PPP Loan Search / PA / CHAMBERSBURG / Newcomer associates, inc.

NEWCOMER ASSOCIATES, INC.

Date Approved

04/07/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

NEWCOMER ASSOCIATES, INC.

Borrower Address

1105 SHELLER AVE

Borrower City

CHAMBERSBURG

Borrower State

PA

Borrower Zip

17201-2941

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

320529.00

Current Approval Amount

320529.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59936

Servicing Lender Name

Farmers and Merchants Trust Company of Chambersburg

Servicing Lender Address

20 S Main St

Servicing Lender City

CHAMBERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17201-2202

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAMBERSBURG

Project County Name

FRANKLIN

Project State

PA

Project Zip

17201-2941

CD

PA-13

Jobs Reported

21

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

64105.00

Payroll Proceed

256424.00

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

59936

Originating Lender

Farmers and Merchants Trust Company of Chambersburg

Originating Lender City

CHAMBERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

323369.24

Forgiveness Date

03/02/2021

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