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
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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