PPP Loan information for New bridge foundation

$614,385

New bridge foundation was initially approved for PPP Loan of amount $707,500, the current approved amount is $614,385. The loan was approved on 04/15/2020 by The Mechanics Bank reported 64 jobs and $614,385 was used to fund payroll.

New bridge foundation is New Business or 2 years or less

PPP Loan Search / CA / BERKELEY / New bridge foundation

NEW BRIDGE FOUNDATION

Date Approved

04/15/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

NEW BRIDGE FOUNDATION

Borrower Address

2323 HEARST AVE

Borrower City

BERKELEY

Borrower State

CA

Borrower Zip

94619

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

707500.00

Current Approval Amount

614385.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BERKELEY

Project County Name

ALAMEDA

Project State

CA

Project Zip

94619-0001

CD

CA-12

Jobs Reported

64

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

614385.00

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

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

620836.04

Forgiveness Date

05/11/2021

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