PPP Loan information for Next phase inc

$102,443

Next phase inc was initially approved for PPP Loan of amount $102,443, the current approved amount is $102,443. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 54 jobs and $102,443 was used to fund payroll.

Next phase inc is Existing or more than 2 years old

NEXT PHASE INC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

NEXT PHASE INC

Borrower Address

7610 Old Georgetown Road Plaza Level

Borrower City

Bethesda

Borrower State

MD

Borrower Zip

20814

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102443.00

Current Approval Amount

102443.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bethesda

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20814-0001

CD

MD-08

Jobs Reported

54

NAICS Code

713940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

82352.00

Mortgage Interest Proceed

0.00

Rent Proceed

14091.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103012.75

Forgiveness Date

11/12/2020

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