PPP Loan information for New directions inc

$654,446

New directions inc was initially approved for PPP Loan of amount $654,446, the current approved amount is $654,446. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 125 jobs and $654,446 was used to fund payroll.

New directions inc is Existing or more than 2 years old

PPP Loan Search / MN / WHITE BEAR LAKE / New directions inc

NEW DIRECTIONS INC

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEW DIRECTIONS INC

Borrower Address

5300 EAST ST

Borrower City

WHITE BEAR LAKE

Borrower State

MN

Borrower Zip

55110

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

654446.00

Current Approval Amount

654446.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITE BEAR LAKE

Project County Name

RAMSEY

Project State

MN

Project Zip

55110-0011

CD

MN-04

Jobs Reported

125

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

654446.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

660811.16

Forgiveness Date

04/28/2021

;