Newtown Motel Associates L.c.

$227,563 PPP Loan in Chesapeake, Virginia

Loan Details

Loan Number
5561618500
Date Approved
Mar 1, 2021
Loan Status
Paid in Full
Initial Approval
$227,563
Current Approval
$227,563
Forgiveness Amount
$229,548
Forgiveness Date
Jan 19, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Newtown Motel Associates L.c.
Address
1564 Crossways Blvd 1564 Crossways Blvd
ZIP Code
23320
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$12.5M
Rural/Urban
Urban
Congressional District
VA-02

Loan Use Breakdown

Payroll
$227,563

Lender Information

Servicing Lender
Atlantic Union Bank
Originating Lender
Atlantic Union Bank

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