PPP Loan information for New hope farms

$97,000

New hope farms was initially approved for PPP Loan of amount $97,000, the current approved amount is $97,000. The loan was approved on 04/15/2020 by The Bank of Commerce reported 16 jobs and $97,000 was used to fund payroll.

New hope farms is Existing or more than 2 years old

NEW HOPE FARMS

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

NEW HOPE FARMS

Borrower Address

49665 CR 559

Borrower City

SCHLATER

Borrower State

MS

Borrower Zip

38952-3063

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97000.00

Current Approval Amount

97000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39227

Servicing Lender Name

Bank of Commerce

Servicing Lender Address

310 Howard St

Servicing Lender City

GREENWOOD

Servicing Lender State

MS

Servicing Lender Zip

38930-4336

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCHLATER

Project County Name

LEFLORE

Project State

MS

Project Zip

38952-3063

CD

MS-02

Jobs Reported

16

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97000.00

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

39227

Originating Lender

Bank of Commerce

Originating Lender City

GREENWOOD

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

97608.58

Forgiveness Date

12/08/2020

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