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Newcomb Carpet, Inc.

$116,340 PPP Loan in Danville, Virginia

Loan Details

Loan Number
9347337010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$116,340
Current Approval
$116,340
Forgiveness Amount
$117,461
Forgiveness Date
Apr 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newcomb Carpet, Inc.
Address
1491 W Main St
City
Danville
State
Virginia
ZIP Code
24541-4715
Business Type
Corporation
Industry (NAICS)
Manufacturing (314110)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
VA-05

Loan Use Breakdown

Payroll
$93,072
Rent
$20,000
Utilities
$3,268

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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