PPP Loan information for New hop, inc.

$275,800

New hop, inc. was initially approved for PPP Loan of amount $275,800, the current approved amount is $275,800. The loan was approved on 04/09/2020 by The Seamen's Bank reported 25 jobs and $275,800 was used to fund payroll.

New hop, inc. is Existing or more than 2 years old

NEW HOP, INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW HOP, INC.

Borrower Address

429 Commercial Street

Borrower City

PROVINCETOWN

Borrower State

MA

Borrower Zip

02657

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275800.00

Current Approval Amount

275800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33232

Servicing Lender Name

Seamen's Bank

Servicing Lender Address

221 Commercial St

Servicing Lender City

PROVINCETOWN

Servicing Lender State

MA

Servicing Lender Zip

02657-2102

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PROVINCETOWN

Project County Name

BARNSTABLE

Project State

MA

Project Zip

02657-0001

CD

MA-09

Jobs Reported

25

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

275800.00

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

Corporation

Originating Lender Location Id

33232

Originating Lender

Seamen's Bank

Originating Lender City

PROVINCETOWN

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

267431.72

Forgiveness Date

11/27/2020

;