PPP Loan information for New hope assembly

$42,400

New hope assembly was initially approved for PPP Loan of amount $42,400, the current approved amount is $42,400. The loan was approved on 04/07/2020 by The North Shore Bank, a Co-operative Bank reported 5 jobs and $42,400 was used to fund payroll.

New hope assembly is Existing or more than 2 years old

PPP Loan Search / MA / SAUGUS / New hope assembly

NEW HOPE ASSEMBLY

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW HOPE ASSEMBLY

Borrower Address

9 Assembly Drive

Borrower City

SAUGUS

Borrower State

MA

Borrower Zip

01906-2529

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42400.00

Current Approval Amount

42400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUGUS

Project County Name

ESSEX

Project State

MA

Project Zip

01906-2529

CD

MA-06

Jobs Reported

5

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42400.00

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

42630.84

Forgiveness Date

11/02/2020

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