PPP Loan information for New hope therapy

$207,565

New hope therapy was initially approved for PPP Loan of amount $207,565, the current approved amount is $207,565. The loan was approved on 04/06/2020 by The The Malvern National Bank reported 16 jobs and $207,565 was used to fund payroll.

New hope therapy is Existing or more than 2 years old

PPP Loan Search / AR / HOT SPRINGS NATIONAL PARK / New hope therapy

NEW HOPE THERAPY

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

NEW HOPE THERAPY

Borrower Address

105 GRAND RIDGE TER

Borrower City

HOT SPRINGS NATIONAL PARK

Borrower State

AR

Borrower Zip

71901-9219

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

207565.00

Current Approval Amount

207565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4530

Servicing Lender Name

The Malvern National Bank

Servicing Lender Address

501 S Main St

Servicing Lender City

MALVERN

Servicing Lender State

AR

Servicing Lender Zip

72104-3836

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOT SPRINGS NATIONAL PARK

Project County Name

GARLAND

Project State

AR

Project Zip

71901-9219

CD

AR-04

Jobs Reported

16

NAICS Code

621340

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16400.00

Payroll Proceed

164339.00

Mortgage Interest Proceed

7873.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8953.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4530

Originating Lender

The Malvern National Bank

Originating Lender City

MALVERN

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

209271.01

Forgiveness Date

02/09/2021

;