PPP Loan information for New gen hospitality mgmt llc

$465,654

New gen hospitality mgmt llc was initially approved for PPP Loan of amount $465,654, the current approved amount is $465,654. The loan was approved on 02/22/2021 by The Norway Savings Bank reported 20 jobs and $465,654 was used to fund payroll.

New gen hospitality mgmt llc is Existing or more than 2 years old

NEW GEN HOSPITALITY MGMT LLC

Date Approved

02/22/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

NEW GEN HOSPITALITY MGMT LLC

Borrower Address

675 Main St

Borrower City

South Portland

Borrower State

ME

Borrower Zip

04106-5422

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

465654.00

Current Approval Amount

465654.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29763

Servicing Lender Name

Norway Savings Bank

Servicing Lender Address

261 Main St

Servicing Lender City

NORWAY

Servicing Lender State

ME

Servicing Lender Zip

04268-5915

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

South Portland

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04106-5422

CD

ME-01

Jobs Reported

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

465649.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

29763

Originating Lender

Norway Savings Bank

Originating Lender City

NORWAY

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

415028.66

Forgiveness Date

12/01/2021

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