PPP Loan information for New life renovations inc

$44,500

New life renovations inc was initially approved for PPP Loan of amount $44,500, the current approved amount is $44,500. The loan was approved on 01/25/2021 by The TowneBank reported 9 jobs and $44,500 was used to fund payroll.

New life renovations inc is Existing or more than 2 years old

NEW LIFE RENOVATIONS INC

Date Approved

01/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

NEW LIFE RENOVATIONS INC

Borrower Address

3013 Guinea Cir

Borrower City

Hayes

Borrower State

VA

Borrower Zip

23072-4219

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44500.00

Current Approval Amount

44500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hayes

Project County Name

GLOUCESTER

Project State

VA

Project Zip

23072-4219

CD

VA-01

Jobs Reported

9

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44500.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45079.74

Forgiveness Date

05/19/2022

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