PPP Loan information for New life thrift, inc.

$238,800

New life thrift, inc. was initially approved for PPP Loan of amount $238,800, the current approved amount is $238,800. The loan was approved on 01/21/2021 by The Citizens Bank, National Association reported 45 jobs and $238,800 was used to fund payroll.

New life thrift, inc. is Existing or more than 2 years old

NEW LIFE THRIFT, INC.

Date Approved

01/21/2021

SBA Office Code

0303

Processing Method

PPP

Borrower Name

NEW LIFE THRIFT, INC.

Borrower Address

800 N Easton Rd

Borrower City

Glenside

Borrower State

PA

Borrower Zip

19038-3808

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

238800.00

Current Approval Amount

238800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glenside

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19038-3808

CD

PA-04

Jobs Reported

45

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

238798.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

240507.58

Forgiveness Date

10/14/2021

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