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Newport Telephone Company, Inc.

$291,000 PPP Loan in Newport, New York

Loan Details

Loan Number
6636717107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$291,000
Current Approval
$291,000
Forgiveness Amount
$292,913
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Newport Telephone Company, Inc.
Address
3077 Bridge St
City
Newport
State
New York
ZIP Code
13416
Business Type
Corporation
Industry (NAICS)
Information (517311)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NY-21

Loan Use Breakdown

Payroll
$218,250
Debt Interest
$72,750

Lender Information

Servicing Lender
Nbt Bank, National Association
Originating Lender
Nbt Bank, National Association

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