PPP Loan information for New bridge foundation

$638,188

New bridge foundation was initially approved for PPP Loan of amount $638,188, the current approved amount is $638,188. The loan was approved on 02/22/2021 by The Mechanics Bank reported 60 jobs and $638,188 was used to fund payroll.

New bridge foundation is Existing or more than 2 years old

NEW BRIDGE FOUNDATION

Date Approved

02/22/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

NEW BRIDGE FOUNDATION

Borrower Address

2323 Hearst Ave

Borrower City

Berkeley

Borrower State

CA

Borrower Zip

94709-1319

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

638187.50

Current Approval Amount

638187.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Berkeley

Project County Name

ALAMEDA

Project State

CA

Project Zip

94709-1319

CD

CA-12

Jobs Reported

60

NAICS Code

623220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

638181.50

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

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Female Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

642849.81

Forgiveness Date

11/15/2021

;