PPP Loan information for New horizon lounge

$14,200

New horizon lounge was initially approved for PPP Loan of amount $14,200, the current approved amount is $14,200. The loan was approved on 04/28/2020 by The First National Bank reported 4 jobs and $14,200 was used to fund payroll.

New horizon lounge is Existing or more than 2 years old

NEW HORIZON LOUNGE

Date Approved

04/28/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

NEW HORIZON LOUNGE

Borrower Address

305 Main Ave N

Borrower City

Lake Preston

Borrower State

SD

Borrower Zip

57249

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14200.00

Current Approval Amount

14200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66562

Servicing Lender Name

First National Bank

Servicing Lender Address

307 Hustan Ave

Servicing Lender City

FORT PIERRE

Servicing Lender State

SD

Servicing Lender Zip

57532-5201

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake Preston

Project County Name

KINGSBURY

Project State

SD

Project Zip

57249-0001

CD

SD-

Jobs Reported

4

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14200.00

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

Sole Proprietorship

Originating Lender Location Id

66562

Originating Lender

First National Bank

Originating Lender City

FORT PIERRE

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

14294.54

Forgiveness Date

12/30/2020

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