PPP Loan information for New london homes inc

$40,337

New london homes inc was initially approved for PPP Loan of amount $40,337, the current approved amount is $40,337. The loan was approved on 02/18/2021 by The ACNB Bank reported 3 jobs and $40,337 was used to fund payroll.

New london homes inc is Existing or more than 2 years old

NEW LONDON HOMES INC

Date Approved

02/18/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

NEW LONDON HOMES INC

Borrower Address

12302 Lime Plant Rd

Borrower City

New Market

Borrower State

MD

Borrower Zip

21774-6424

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40336.87

Current Approval Amount

40336.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60227

Servicing Lender Name

ACNB Bank

Servicing Lender Address

16 Lincoln Sq

Servicing Lender City

GETTYSBURG

Servicing Lender State

PA

Servicing Lender Zip

17325-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Market

Project County Name

FREDERICK

Project State

MD

Project Zip

21774-6424

CD

MD-06

Jobs Reported

3

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40333.87

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

Subchapter S Corporation

Originating Lender Location Id

60227

Originating Lender

ACNB Bank

Originating Lender City

GETTYSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40520.63

Forgiveness Date

08/10/2021

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