PPP Loan information for New horizons supply co-op

$800,000

New horizons supply co-op was initially approved for PPP Loan of amount $800,000, the current approved amount is $800,000. The loan was approved on 04/08/2020 by The Royal Bank reported 150 jobs and $800,000 was used to fund payroll.

New horizons supply co-op is Existing or more than 2 years old

PPP Loan Search / WI / FENNIMORE / New horizons supply co-op

NEW HORIZONS SUPPLY CO-OP

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

NEW HORIZONS SUPPLY CO-OP

Borrower Address

1775 4TH ST

Borrower City

FENNIMORE

Borrower State

WI

Borrower Zip

53809-1137

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

800000.00

Current Approval Amount

800000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75799

Servicing Lender Name

Royal Bank

Servicing Lender Address

202 Main St

Servicing Lender City

ELROY

Servicing Lender State

WI

Servicing Lender Zip

53929-1252

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FENNIMORE

Project County Name

GRANT

Project State

WI

Project Zip

53809-1137

CD

WI-03

Jobs Reported

150

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

800000.00

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

Cooperative

Originating Lender Location Id

75799

Originating Lender

Royal Bank

Originating Lender City

ELROY

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

805911.11

Forgiveness Date

01/07/2021

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