O. A. NEWTON AND SON COMPANY (DE) - 2020 PPP Loan Borrower Profile (# 7430967002)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to O. A. NEWTON AND SON COMPANY. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Delaware.
Loan Detail
Loan Number
7430967002
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$339,397.5
Date Loan was Approved
Apr 7, 2020
Amount Forgiven
$342,689.19
Date Loan was Forgiven
Apr 12, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
34,872
Payroll Proced
285,199.5
Mortgage Interest Proceed
11,726
Rent Proceed
7,600
Lender
Wilmington Savings Fund Society, FSB
Business Detail
Business Type
Corporation
NAICS
333924
Borrower Location
BRIDGEVILLE, DE
Project Location
BRIDGEVILLE, DE
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
22
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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