PPP Loan information for Reasons for hope

$56,900

Reasons for hope was initially approved for PPP Loan of amount $72,000, the current approved amount is $56,900. The loan was approved on 04/03/2020 by The Bank Midwest reported 12 jobs and $56,900 was used to fund payroll.

Reasons for hope is Existing or more than 2 years old

PPP Loan Search / KY / HEBRON / Reasons for hope

REASONS FOR HOPE

Date Approved

04/03/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

REASONS FOR HOPE

Borrower Address

2167 LUMBERJACK DR

Borrower City

HEBRON

Borrower State

KY

Borrower Zip

41048-7929

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72000.00

Current Approval Amount

56900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HEBRON

Project County Name

BOONE

Project State

KY

Project Zip

41048-7929

CD

KY-04

Jobs Reported

12

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56900.00

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

Non-Profit Organization

Originating Lender Location Id

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

50189.70

Forgiveness Date

11/24/2020

;