Newport City Motel Corporation

$69,121 PPP Loan in Newport, Vermont

Loan Details

Loan Number
9357987010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$69,121
Current Approval
$69,121
Forgiveness Amount
$69,549
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Newport City Motel Corporation
Address
444 E Main St
State
Vermont
ZIP Code
05855-5827
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
VT-

Loan Use Breakdown

Payroll
$62,209
Utilities
$1,912
Mortgage Interest
$5,000

Lender Information

Servicing Lender
Woodsville Guaranty Savings Bank
Originating Lender
Woodsville Guaranty Savings Bank

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