PPP Loan information for Newland insurance agency, inc

$48,000

Newland insurance agency, inc was initially approved for PPP Loan of amount $48,000, the current approved amount is $48,000. The loan was approved on 04/13/2020 by The City National Bank of West Virginia reported 6 jobs and $48,000 was used to fund payroll.

Newland insurance agency, inc is Existing or more than 2 years old

PPP Loan Search / WV / MARTINSBURG / Newland insurance agency, inc

NEWLAND INSURANCE AGENCY, INC

Date Approved

04/13/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

NEWLAND INSURANCE AGENCY, INC

Borrower Address

1664 Winchester Ave

Borrower City

MARTINSBURG

Borrower State

WV

Borrower Zip

25405-3881

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48000.00

Current Approval Amount

48000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74995

Servicing Lender Name

City National Bank of West Virginia

Servicing Lender Address

3601 MacCorkle Ave SE

Servicing Lender City

Charleston

Servicing Lender State

WV

Servicing Lender Zip

25304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARTINSBURG

Project County Name

BERKELEY

Project State

WV

Project Zip

25405-3881

CD

WV-02

Jobs Reported

6

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3200.00

Payroll Proceed

38400.00

Mortgage Interest Proceed

0.00

Rent Proceed

6400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

74995

Originating Lender

City National Bank of West Virginia

Originating Lender City

Charleston

Originating Lender State

WV

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

48477.33

Forgiveness Date

04/19/2021

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