PPP Loan information for Newsgroup communications inc

$43,359

Newsgroup communications inc was initially approved for PPP Loan of amount $43,359, the current approved amount is $43,359. The loan was approved on 04/15/2020 by The Wells Fargo Bank, National Association reported 2 jobs and $43,359 was used to fund payroll.

Newsgroup communications inc is Existing or more than 2 years old

PPP Loan Search / MD / SILVER SPRING / Newsgroup communications inc

NEWSGROUP COMMUNICATIONS INC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

NEWSGROUP COMMUNICATIONS INC

Borrower Address

8609 SECOND AVENUE SUITE 401B

Borrower City

SILVER SPRING

Borrower State

MD

Borrower Zip

20910

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43359.00

Current Approval Amount

43359.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SILVER SPRING

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-0001

CD

MD-08

Jobs Reported

2

NAICS Code

512110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

43359.00

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

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43733.19

Forgiveness Date

02/26/2021

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