PPP Loan information for New life community development corporation

$53,210

New life community development corporation was initially approved for PPP Loan of amount $53,210, the current approved amount is $53,210. The loan was approved on 04/30/2020 by The Customers Bank reported 14 jobs and $53,210 was used to fund payroll.

New life community development corporation is Existing or more than 2 years old

NEW LIFE COMMUNITY DEVELOPMENT CORPORATION

Date Approved

04/30/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

NEW LIFE COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

82-10 Queens Boulevard

Borrower City

Elmhurst

Borrower State

NY

Borrower Zip

11373

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53210.00

Current Approval Amount

53210.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elmhurst

Project County Name

QUEENS

Project State

NY

Project Zip

11373-0001

CD

NY-06

Jobs Reported

14

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53210.00

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

Non-Profit Organization

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

54024.91

Forgiveness Date

11/17/2021

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