Newport Builders, Inc.

$157,533 PPP Loan in Racine, Wisconsin

Loan Details

Loan Number
9204657004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$157,533
Current Approval
$157,533
Forgiveness Amount
$159,008
Forgiveness Date
Mar 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newport Builders, Inc.
Address
8338 Corporate Dr. Suite 500
City
Racine
ZIP Code
53406-3719
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
WI-01

Loan Use Breakdown

Payroll
$148,026
Rent
$7,500
Utilities
$2,007

Lender Information

Servicing Lender
Tri City National Bank
Originating Lender
Tri City National Bank

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