PPP Loan information for New beginning inc

$179,980

New beginning inc was initially approved for PPP Loan of amount $179,980, the current approved amount is $179,980. The loan was approved on 06/16/2020 by The WebBank reported 26 jobs and $179,980 was used to fund payroll.

New beginning inc is Existing or more than 2 years old

NEW BEGINNING INC

Date Approved

06/16/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NEW BEGINNING INC

Borrower Address

429 W Main St

Borrower City

Waverly

Borrower State

VA

Borrower Zip

23890-3242

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

179980.00

Current Approval Amount

179980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waverly

Project County Name

SUSSEX

Project State

VA

Project Zip

23890-3242

CD

VA-04

Jobs Reported

26

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

179980.00

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

Corporation

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

182234.75

Forgiveness Date

09/13/2021

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