New Bedford Corporation
$497,400 PPP Loan in Ashland, Virginia
Loan Details
- Loan Number
- 5207907004
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $497,400
- Current Approval
- $497,400
- Forgiveness Amount
- $500,509
- Forgiveness Date
- Nov 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- New Bedford Corporation
- Address
- 9568 Kings Charter Dr, Suite 202
- City
- Ashland
- State
- Virginia
- ZIP Code
- 23005-0078
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541219)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 50
- Estimated Revenue
- $15.9M
- Rural/Urban
- Rural
- Congressional District
- VA-01
Loan Use Breakdown
- Payroll
- $497,400
Lender Information
- Servicing Lender
- Atlantic Union Bank
- Originating Lender
- Atlantic Union Bank
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|---|---|---|
| Tsrc, Inc. | $5,596,000 | |
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| Anton Paar Usa, Inc. | $2,870,000 | |
| Foley Material Handling Co., Inc. | $2,098,900 | |
| Produce Source Partners INC | $2,066,000 |
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