PPP Loan information for New hope, inc.

$518,000

New hope, inc. was initially approved for PPP Loan of amount $518,000, the current approved amount is $518,000. The loan was approved on 04/14/2020 by The Bristol County Savings Bank reported 68 jobs and $518,000 was used to fund payroll.

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

NEW HOPE, INC.

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW HOPE, INC.

Borrower Address

247 MAPLE ST

Borrower City

ATTLEBORO

Borrower State

MA

Borrower Zip

02703-4243

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

518000.00

Current Approval Amount

518000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33371

Servicing Lender Name

Bristol County Savings Bank

Servicing Lender Address

29 Broadway

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-3269

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATTLEBORO

Project County Name

BRISTOL

Project State

MA

Project Zip

02703-4243

CD

MA-04

Jobs Reported

68

NAICS Code

624221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

89750.00

Payroll Proceed

338500.00

Mortgage Interest Proceed

89750.00

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

33371

Originating Lender

Bristol County Savings Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

522518.11

Forgiveness Date

03/05/2021

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