Newman Machine Company Inc.
$524,238 PPP Loan in Browns Summit, North Carolina
Loan Details
- Loan Number
- 6141177305
- Date Approved
- Apr 30, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $524,238
- Current Approval
- $524,238
- Forgiveness Amount
- $527,456
- Forgiveness Date
- Dec 21, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Newman Machine Company Inc.
- Address
- 2949 Lee's Chapel Rd
- City
- Browns Summit
- State
- North Carolina
- ZIP Code
- 27214
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333249)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 53
- Estimated Revenue
- $13.9M
- Rural/Urban
- Urban
- Congressional District
- NC-06
Loan Use Breakdown
- Payroll
- $524,238
Lender Information
- Servicing Lender
- Truist Bank
- Originating Lender
- Truist Bank
Other PPP Loans in Browns Summit, NC
| Business | Approved | |
|---|---|---|
| Morrisette Paper Company, Inc. | $3,534,940 |  Research |
| Abco Automation, Inc. | $2,127,300 | Research |
| Merchants Sales Company | $537,500 | Research |
| Newman Machine Company Inc. | $469,158 | Research |
| Precast Solutions, Inc. | $418,600 | Research |
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