Newport Distribution, Inc.
$205,487 PPP Loan in Roselle, Illinois
Loan Details
- Loan Number
- 5503517108
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $205,487
- Current Approval
- $205,487
- Forgiveness Amount
- $206,606
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Newport Distribution, Inc.
- Address
- 494 Congress Circle N
- City
- Roselle
- State
- Illinois
- ZIP Code
- 60172-3904
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 11
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $164,390
- Rent
- $20,548
- Utilities
- $10,274
- Mortgage Interest
- $10,275
Lender Information
- Servicing Lender
- Cornerstone National Bank & Trust Company
- Originating Lender
- Cornerstone National Bank & Trust Company
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