PPP Loan information for New life community

$11,338

New life community was initially approved for PPP Loan of amount $11,338, the current approved amount is $11,338. The loan was approved on 04/14/2020 by The Cadence Bank reported 3 jobs and $11,338 was used to fund payroll.

New life community is Existing or more than 2 years old

NEW LIFE COMMUNITY

Date Approved

04/14/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

NEW LIFE COMMUNITY

Borrower Address

7197 NEW CRAFT RD

Borrower City

OLIVE BRANCH

Borrower State

MS

Borrower Zip

38654

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11337.50

Current Approval Amount

11337.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLIVE BRANCH

Project County Name

DESOTO

Project State

MS

Project Zip

38654-0001

CD

MS-01

Jobs Reported

3

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11337.50

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

Non-Profit Organization

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

11442.06

Forgiveness Date

03/22/2021

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