PPP Loan information for New light inc,

$101,857

New light inc, was initially approved for PPP Loan of amount $101,857, the current approved amount is $101,857. The loan was approved on 01/16/2021 by The Hanover Community Bank reported 12 jobs and $101,857 was used to fund payroll.

New light inc, is Existing or more than 2 years old

NEW LIGHT INC,

Date Approved

01/16/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

NEW LIGHT INC,

Borrower Address

2 Southampton Rd

Borrower City

Westfield

Borrower State

MA

Borrower Zip

01085-1320

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

101857.00

Current Approval Amount

101857.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

462816

Servicing Lender Name

Hanover Community Bank

Servicing Lender Address

80 East Jericho Turnpike

Servicing Lender City

Mineola

Servicing Lender State

NY

Servicing Lender Zip

11501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01085-1320

CD

MA-01

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

101851.00

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

462816

Originating Lender

Hanover Community Bank

Originating Lender City

Mineola

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102516.24

Forgiveness Date

09/17/2021

;