PPP Loan information for Hope initiatives cdc inc.

$84,905

Hope initiatives cdc inc. was initially approved for PPP Loan of amount $84,905, the current approved amount is $84,905. The loan was approved on 01/28/2021 by The Northwest Bank reported 13 jobs and $84,905 was used to fund payroll.

Hope initiatives cdc inc. is Existing or more than 2 years old

HOPE INITIATIVES CDC INC.

Date Approved

01/28/2021

SBA Office Code

0219

Processing Method

PPS

Borrower Name

HOPE INITIATIVES CDC INC.

Borrower Address

506 W. Board

Borrower City

Rochester

Borrower State

NY

Borrower Zip

14608

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

84905.00

Current Approval Amount

84905.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

MONROE

Project State

NY

Project Zip

14608

CD

NY-25

Jobs Reported

13

NAICS Code

337122

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

84903.00

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

Professional Association

Originating Lender Location Id

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85509.80

Forgiveness Date

10/20/2021

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