Built by Newport Corporation

$495,356 PPP Loan in Newport, Vermont

Loan Details

Loan Number
9579317809
Date Approved
Jun 8, 2020
Loan Status
Paid in Full
Initial Approval
$495,356
Current Approval
$505,356
Forgiveness Amount
$508,333
Forgiveness Date
Jan 14, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Built by Newport Corporation
Address
450 Main St
State
Vermont
ZIP Code
05855-4850
Business Type
Corporation
Industry (NAICS)
Manufacturing (337122)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$15.2M
Rural/Urban
Rural
Congressional District
VT-

Loan Use Breakdown

Payroll
$410,000
Utilities
$56,000
Health Care
$39,356

Lender Information

Servicing Lender
Passumpsic Savings Bank
Originating Lender
Passumpsic Savings Bank

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