PPP Loan information for New directions housing corporation

$779,077

New directions housing corporation was initially approved for PPP Loan of amount $779,077, the current approved amount is $779,077. The loan was approved on 04/27/2020 by The Independence Bank of Kentucky reported 86 jobs and $779,077 was used to fund payroll.

New directions housing corporation is Existing or more than 2 years old

PPP Loan Search / KY / LOUISVILLE / New directions housing corporation

NEW DIRECTIONS HOUSING CORPORATION

Date Approved

04/27/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

NEW DIRECTIONS HOUSING CORPORATION

Borrower Address

1617 MAPLE ST

Borrower City

LOUISVILLE

Borrower State

KY

Borrower Zip

40210-1045

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

779076.85

Current Approval Amount

779076.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27217

Servicing Lender Name

Independence Bank of Kentucky

Servicing Lender Address

2425 Frederica St

Servicing Lender City

OWENSBORO

Servicing Lender State

KY

Servicing Lender Zip

42301-5437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOUISVILLE

Project County Name

JEFFERSON

Project State

KY

Project Zip

40210-1045

CD

KY-03

Jobs Reported

86

NAICS Code

531312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

779076.85

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

27217

Originating Lender

Independence Bank of Kentucky

Originating Lender City

OWENSBORO

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

784754.51

Forgiveness Date

01/25/2021

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