PPP Loan information for New life challenge

$48,486

New life challenge was initially approved for PPP Loan of amount $48,486, the current approved amount is $48,486. The loan was approved on 08/05/2020 by The U.S. Bank, National Association reported 5 jobs and $48,486 was used to fund payroll.

New life challenge is Existing or more than 2 years old

PPP Loan Search / MI / EASTPOINTE / New life challenge

NEW LIFE CHALLENGE

Date Approved

08/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEW LIFE CHALLENGE

Borrower Address

22003 KELLY RD

Borrower City

EASTPOINTE

Borrower State

MI

Borrower Zip

48021-2708

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48486.00

Current Approval Amount

48486.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EASTPOINTE

Project County Name

MACOMB

Project State

MI

Project Zip

48021-2708

CD

MI-10

Jobs Reported

5

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48486.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48987.02

Forgiveness Date

08/18/2021

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