PPP Loan information for New horizon inc

$82,960

New horizon inc was initially approved for PPP Loan of amount $82,960, the current approved amount is $82,960. The loan was approved on 04/11/2020 by The Manufacturers and Traders Trust Company reported 7 jobs and $82,960 was used to fund payroll.

New horizon inc is Existing or more than 2 years old

PPP Loan Search / MD / CLARKSBURG / New horizon inc

NEW HORIZON INC

Date Approved

04/11/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

NEW HORIZON INC

Borrower Address

24520 Frederick Road

Borrower City

CLARKSBURG

Borrower State

MD

Borrower Zip

20871-9730

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82960.00

Current Approval Amount

82960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20871-9730

CD

MD-06

Jobs Reported

7

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

72060.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1400

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

84053.25

Forgiveness Date

08/12/2021

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