PPP Loan information for New light recovery center, inc.

$301,323

New light recovery center, inc. was initially approved for PPP Loan of amount $301,323, the current approved amount is $301,323. The loan was approved on 05/03/2020 by The JPMorgan Chase Bank, National Association reported 37 jobs and $301,323 was used to fund payroll.

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

PPP Loan Search / MI / HIGHLAND PARK / New light recovery center, inc.

NEW LIGHT RECOVERY CENTER, INC.

Date Approved

05/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEW LIGHT RECOVERY CENTER, INC.

Borrower Address

300 McNichols Rd

Borrower City

HIGHLAND PARK

Borrower State

MI

Borrower Zip

48203

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

301323.00

Current Approval Amount

301323.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIGHLAND PARK

Project County Name

WAYNE

Project State

MI

Project Zip

48203-0001

CD

MI-13

Jobs Reported

37

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

268323.00

Mortgage Interest Proceed

0.00

Rent Proceed

21000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

305055.22

Forgiveness Date

08/04/2021

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