PPP Loan information for New life automotive, inc.

$106,400

New life automotive, inc. was initially approved for PPP Loan of amount $106,400, the current approved amount is $106,400. The loan was approved on 04/28/2020 by The Sandy Spring Bank reported 10 jobs and $106,400 was used to fund payroll.

New life automotive, inc. is Unanswered

PPP Loan Search / MD / HALETHORPE / New life automotive, inc.

NEW LIFE AUTOMOTIVE, INC.

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

NEW LIFE AUTOMOTIVE, INC.

Borrower Address

4301 WASHINGTON ST

Borrower City

HALETHORPE

Borrower State

MD

Borrower Zip

21227-4543

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106400.00

Current Approval Amount

106400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

HALETHORPE

Project County Name

BALTIMORE

Project State

MD

Project Zip

21227-4543

CD

MD-07

Jobs Reported

10

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

106400.00

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

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107359.06

Forgiveness Date

03/30/2021

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