PPP Loan information for New life assisted living inc

$64,437

New life assisted living inc was initially approved for PPP Loan of amount $38,125, the current approved amount is $64,437. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 18 jobs and $64,437 was used to fund payroll.

New life assisted living inc is Existing or more than 2 years old

PPP Loan Search / MD / ELKRIDGE / New life assisted living inc

NEW LIFE ASSISTED LIVING INC

Date Approved

05/03/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

NEW LIFE ASSISTED LIVING INC

Borrower Address

6901 SCARLET OAKS DR

Borrower City

ELKRIDGE

Borrower State

MD

Borrower Zip

21075-6241

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38125.00

Current Approval Amount

64437.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKRIDGE

Project County Name

HOWARD

Project State

MD

Project Zip

21075-6241

CD

MD-03

Jobs Reported

18

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64437.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65065.48

Forgiveness Date

05/20/2021

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