PPP Loan information for New hope farm

$17,068

New hope farm was initially approved for PPP Loan of amount $17,068, the current approved amount is $17,068. The loan was approved on 05/08/2020 by The Truist Bank reported 1 jobs and $17,068 was used to fund payroll.

New hope farm is Existing or more than 2 years old

NEW HOPE FARM

Date Approved

05/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEW HOPE FARM

Borrower Address

296 ALSTON BRIDGE RD

Borrower City

SILER CITY

Borrower State

NC

Borrower Zip

27344-9565

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17068.00

Current Approval Amount

17068.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SILER CITY

Project County Name

CHATHAM

Project State

NC

Project Zip

27344-9565

CD

NC-09

Jobs Reported

1

NAICS Code

112111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

17068.00

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

Sole Proprietorship

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17161.87

Forgiveness Date

01/07/2021

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