PPP Loan information for New home connect corp

$1,264,900

New home connect corp was initially approved for PPP Loan of amount $1,264,900, the current approved amount is $1,264,900. The loan was approved on 04/27/2020 by The Community Bank of Elmhurst reported 71 jobs and $1,264,900 was used to fund payroll.

New home connect corp is Existing or more than 2 years old

NEW HOME CONNECT CORP

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NEW HOME CONNECT CORP

Borrower Address

145 W 2ND ST

Borrower City

ELMHURST

Borrower State

IL

Borrower Zip

60126-2808

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1264900.00

Current Approval Amount

1264900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118126

Servicing Lender Name

Community Bank of Elmhurst

Servicing Lender Address

330 W Butterfield Rd

Servicing Lender City

ELMHURST

Servicing Lender State

IL

Servicing Lender Zip

60126-5009

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELMHURST

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-2808

CD

IL-06

Jobs Reported

71

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

63245.00

Payroll Proceed

1138410.00

Mortgage Interest Proceed

0.00

Rent Proceed

63245.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

118126

Originating Lender

Community Bank of Elmhurst

Originating Lender City

ELMHURST

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1279247.08

Forgiveness Date

06/24/2021

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