Newton Instrument Company

$1,272,400 PPP Loan in Butner, North Carolina

Loan Details

Loan Number
4748457107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,272,400
Current Approval
$1,272,400
Forgiveness Amount
$1,290,426
Forgiveness Date
Sep 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newton Instrument Company
Address
111 East 'a' St.
City
Butner
ZIP Code
27509
Business Type
Corporation
Industry (NAICS)
Manufacturing (334290)
Business Age
Existing or more than 2 years old
Jobs Reported
118
Estimated Revenue
$30.9M
Rural/Urban
Rural
Congressional District
NC-04

Loan Use Breakdown

Payroll
$1,272,400

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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