PPP Loan information for A new direction: breaking the cycle of poverty inc

$312,500

A new direction: breaking the cycle of poverty inc was initially approved for PPP Loan of amount $312,500, the current approved amount is $312,500. The loan was approved on 04/27/2020 by The Regions Bank reported 6 jobs and $312,500 was used to fund payroll.

A new direction: breaking the cycle of poverty inc is Existing or more than 2 years old

PPP Loan Search / AL / Montgomery / A new direction: breaking the cycle of poverty inc

A NEW DIRECTION: BREAKING THE CYCLE OF POVERTY INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

A NEW DIRECTION: BREAKING THE CYCLE OF POVERTY INC

Borrower Address

7007 Potsdam Ct

Borrower City

Montgomery

Borrower State

AL

Borrower Zip

36117

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

312500.00

Current Approval Amount

312500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Montgomery

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36117-0001

CD

AL-02

Jobs Reported

6

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

312500.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

0.00

Forgiveness Date

;