PPP Loan information for New creation foundation

$97,847

New creation foundation was initially approved for PPP Loan of amount $97,847, the current approved amount is $97,847. The loan was approved on 02/02/2021 by The Webster Bank National Association reported 16 jobs and $97,847 was used to fund payroll.

New creation foundation is Existing or more than 2 years old

NEW CREATION FOUNDATION

Date Approved

02/02/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

NEW CREATION FOUNDATION

Borrower Address

893 Boston Rd

Borrower City

Springfield

Borrower State

MA

Borrower Zip

01119-1315

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

97847.00

Current Approval Amount

97847.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01119-1315

CD

MA-01

Jobs Reported

16

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

97844.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

98294.68

Forgiveness Date

07/27/2021

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