PPP Loan information for Newport distribution services

$100,000

Newport distribution services was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 04/15/2020 by The Loan Source Incorporated reported 11 jobs and $100,000 was used to fund payroll.

Newport distribution services is Existing or more than 2 years old

NEWPORT DISTRIBUTION SERVICES

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWPORT DISTRIBUTION SERVICES

Borrower Address

2110 Lincoln Highway

Borrower City

EDISON

Borrower State

NJ

Borrower Zip

08817-1902

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDISON

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08817-1902

CD

NJ-06

Jobs Reported

11

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

100000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

203241

Originating Lender

BCB Community Bank

Originating Lender City

BAYONNE

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101175.34

Forgiveness Date

06/24/2021

;