Date Approved
04/08/2020
SBA Office Code
0165
Processing Method
PPP
Borrower Name
NEW HORIZON AVIATION, INC.
Borrower Address
530 AIRPORT RD
Borrower City
WARWICK
Borrower State
RI
Borrower Zip
02886-2422
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
195500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
65795
Servicing Lender Name
Centreville Bank
Servicing Lender Address
1218 Main St
Servicing Lender City
WEST WARWICK
Servicing Lender State
Servicing Lender Zip
02893-4827
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
CD
RI-02
Jobs Reported
18
NAICS Code
611512
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
146625.00
Mortgage Interest Proceed
Rent Proceed
48875.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
186752.12
Forgiveness Date
12/17/2020