PPP Loan information for New life llc

$421,839

New life llc was initially approved for PPP Loan of amount $421,839, the current approved amount is $421,839. The loan was approved on 01/20/2021 by The Citizens Bank and Trust Company reported 45 jobs and $421,839 was used to fund payroll.

New life llc is Existing or more than 2 years old

PPP Loan Search / VA / Newport News / New life llc

NEW LIFE LLC

Date Approved

01/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

NEW LIFE LLC

Borrower Address

11030 Warwick Blvd Bldg B

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23601-3250

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

421839.00

Current Approval Amount

421839.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73109

Servicing Lender Name

Citizens Bank and Trust Company

Servicing Lender Address

126 S Main St

Servicing Lender City

BLACKSTONE

Servicing Lender State

VA

Servicing Lender Zip

23824-1842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport News

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23601-3250

CD

VA-03

Jobs Reported

45

NAICS Code

624190

Race

Black or African American

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

421835.00

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

73109

Originating Lender

Citizens Bank and Trust Company

Originating Lender City

BLACKSTONE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

425213.71

Forgiveness Date

11/16/2021

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