PPP Loan information for A new direction inc

$144,610

A new direction inc was initially approved for PPP Loan of amount $144,610, the current approved amount is $144,610. The loan was approved on 04/06/2020 by The West Bank reported 88 jobs and $144,610 was used to fund payroll.

A new direction inc is Existing or more than 2 years old

A NEW DIRECTION INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

A NEW DIRECTION INC

Borrower Address

425 E St. Germain Street

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56304-0705

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144610.00

Current Approval Amount

144610.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25587

Servicing Lender Name

West Bank

Servicing Lender Address

1601 22nd St

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-1408

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

BENTON

Project State

MN

Project Zip

56304-0705

CD

MN-06

Jobs Reported

88

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

144610.00

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

Subchapter S Corporation

Originating Lender Location Id

25587

Originating Lender

West Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

146274.01

Forgiveness Date

06/11/2021

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