PPP Loan information for New directions for youth inc

$259,400

New directions for youth inc was initially approved for PPP Loan of amount $259,400, the current approved amount is $259,400. The loan was approved on 05/08/2020 by The Bank of Hope reported 41 jobs and $259,400 was used to fund payroll.

New directions for youth inc is Existing or more than 2 years old

NEW DIRECTIONS FOR YOUTH INC

Date Approved

05/08/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

NEW DIRECTIONS FOR YOUTH INC

Borrower Address

7315 LANKERSHIM BLVD

Borrower City

NORTH HOLLYWOOD

Borrower State

CA

Borrower Zip

91605-3847

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259400.00

Current Approval Amount

259400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110359

Servicing Lender Name

Bank of Hope

Servicing Lender Address

3200 Wilshire Blvd 1st Fl

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH HOLLYWOOD

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91605-3847

CD

CA-29

Jobs Reported

41

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

259400.00

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

110359

Originating Lender

Bank of Hope

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

262328.02

Forgiveness Date

07/02/2021

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