PPP Loan information for New horizons woodworks inc

$274,800

New horizons woodworks inc was initially approved for PPP Loan of amount $274,800, the current approved amount is $274,800. The loan was approved on 04/08/2020 by The People's Bank of Commerce reported 28 jobs and $274,800 was used to fund payroll.

New horizons woodworks inc is Existing or more than 2 years old

NEW HORIZONS WOODWORKS INC

Date Approved

04/08/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

NEW HORIZONS WOODWORKS INC

Borrower Address

278 Helman St

Borrower City

ASHLAND

Borrower State

OR

Borrower Zip

97520-1136

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

274800.00

Current Approval Amount

274800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122606

Servicing Lender Name

People's Bank of Commerce

Servicing Lender Address

1311 E Barnett Rd

Servicing Lender City

Medford

Servicing Lender State

OR

Servicing Lender Zip

97504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

JACKSON

Project State

OR

Project Zip

97520-1136

CD

OR-02

Jobs Reported

28

NAICS Code

337212

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

274800.00

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

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

277013.67

Forgiveness Date

02/03/2021

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