PPP Loan information for Newport restgroup llc

$195,337

Newport restgroup llc was initially approved for PPP Loan of amount $195,337, the current approved amount is $195,337. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 30 jobs and $195,337 was used to fund payroll.

Newport restgroup llc is New Business or 2 years or less

PPP Loan Search / NJ / JERSEY CITY / Newport restgroup llc

NEWPORT RESTGROUP LLC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWPORT RESTGROUP LLC

Borrower Address

555 WASHINGTON BLVD

Borrower City

JERSEY CITY

Borrower State

NJ

Borrower Zip

07310-1662

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195337.00

Current Approval Amount

195337.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

JERSEY CITY

Project County Name

HUDSON

Project State

NJ

Project Zip

07310-1662

CD

NJ-08

Jobs Reported

30

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195337.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

103468.25

Forgiveness Date

10/28/2021

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