PPP Loan information for New beginnings inc

$396,700

New beginnings inc was initially approved for PPP Loan of amount $396,700, the current approved amount is $396,700. The loan was approved on 04/09/2020 by The Androscoggin Savings Bank reported 49 jobs and $396,700 was used to fund payroll.

New beginnings inc is Existing or more than 2 years old

NEW BEGINNINGS INC

Date Approved

04/09/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

NEW BEGINNINGS INC

Borrower Address

134 COLLEGE ST

Borrower City

LEWISTON

Borrower State

ME

Borrower Zip

04240-6810

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

396700.00

Current Approval Amount

396700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29743

Servicing Lender Name

Androscoggin Savings Bank

Servicing Lender Address

30 Lisbon St

Servicing Lender City

LEWISTON

Servicing Lender State

ME

Servicing Lender Zip

04240-7116

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEWISTON

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04240-6810

CD

ME-02

Jobs Reported

49

NAICS Code

624221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

396700.00

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

29743

Originating Lender

Androscoggin Savings Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

399796.46

Forgiveness Date

01/25/2021

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