Newton Instrument Co

$1,518,207 PPP Loan in Butner, North Carolina

Loan Details

Loan Number
9399418302
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$1,518,207
Current Approval
$1,518,207
Forgiveness Amount
$1,538,618
Forgiveness Date
Jun 6, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Newton Instrument Co
Address
111 E a St
City
Butner
ZIP Code
27509-2426
Business Type
Corporation
Industry (NAICS)
Manufacturing (334290)
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$20.2M
Rural/Urban
Rural
Congressional District
NC-04

Loan Use Breakdown

Payroll
$1,518,205
Utilities
$1

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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