PPP Loan information for New day financial, llc

$7,402,800

New day financial, llc was initially approved for PPP Loan of amount $7,402,800, the current approved amount is $7,402,800. The loan was approved on 04/13/2020 by The EagleBank reported 488 jobs and $7,402,800 was used to fund payroll.

New day financial, llc is Existing or more than 2 years old

NEW DAY FINANCIAL, LLC

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

NEW DAY FINANCIAL, LLC

Borrower Address

8160 Maple Lawn Blvd

Borrower City

FULTON

Borrower State

MD

Borrower Zip

20759-2522

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7402800.00

Current Approval Amount

7402800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122873

Servicing Lender Name

EagleBank

Servicing Lender Address

7815 Woodmont Ave

Servicing Lender City

BETHESDA

Servicing Lender State

MD

Servicing Lender Zip

20814

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FULTON

Project County Name

HOWARD

Project State

MD

Project Zip

20759-2522

CD

MD-03

Jobs Reported

488

NAICS Code

522291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7402800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7535022.23

Forgiveness Date

01/28/2022

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