PPP Loan information for New hope memorial community development corporation

$125,000

New hope memorial community development corporation was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 04/30/2020 by The Santander Bank, National Association reported 12 jobs and $125,000 was used to fund payroll.

New hope memorial community development corporation is Existing or more than 2 years old

NEW HOPE MEMORIAL COMMUNITY DEVELOPMENT CORPORATION

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEW HOPE MEMORIAL COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

91 DIVISION STREET

Borrower City

Elizabeth

Borrower State

NJ

Borrower Zip

08535

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elizabeth

Project County Name

MONMOUTH

Project State

NJ

Project Zip

08535-0001

CD

NJ-03

Jobs Reported

12

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

125000.00

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

Professional Association

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

126051.37

Forgiveness Date

03/10/2021

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