PPP Loan information for Newland mortgage inc.

$172,800

Newland mortgage inc. was initially approved for PPP Loan of amount $172,800, the current approved amount is $172,800. The loan was approved on 04/28/2020 by The First-Citizens Bank & Trust Company reported 15 jobs and $172,800 was used to fund payroll.

Newland mortgage inc. is New Business or 2 years or less

PPP Loan Search / OR / Lake Oswego / Newland mortgage inc.

NEWLAND MORTGAGE INC.

Date Approved

04/28/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

NEWLAND MORTGAGE INC.

Borrower Address

4000 Kruse Way Place Bldg 3 Suite 120

Borrower City

Lake Oswego

Borrower State

OR

Borrower Zip

97035

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172800.00

Current Approval Amount

172800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Lake Oswego

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97035-0001

CD

OR-05

Jobs Reported

15

NAICS Code

522310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

172800.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

174613.22

Forgiveness Date

05/27/2021

;