PPP Loan information for New found life inc

$284,909

New found life inc was initially approved for PPP Loan of amount $284,909, the current approved amount is $284,909. The loan was approved on 02/04/2021 by The Farmers & Merchants Bank of Long Beach reported 24 jobs and $284,909 was used to fund payroll.

New found life inc is Existing or more than 2 years old

NEW FOUND LIFE INC

Date Approved

02/04/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

NEW FOUND LIFE INC

Borrower Address

2211 E Ocean Blvd

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90803-2440

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

284909.00

Current Approval Amount

284909.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90803-2440

CD

CA-42

Jobs Reported

24

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

284905.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

286774.57

Forgiveness Date

10/06/2021

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