PPP Loan information for New paradise inc

$11,867

New paradise inc was initially approved for PPP Loan of amount $11,867, the current approved amount is $11,867. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $11,867 was used to fund payroll.

New paradise inc is New Business or 2 years or less

NEW PARADISE INC

Date Approved

05/01/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

NEW PARADISE INC

Borrower Address

87 MAIN ST

Borrower City

AMHERST

Borrower State

MA

Borrower Zip

01002-2350

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11867.00

Current Approval Amount

11867.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

AMHERST

Project County Name

HAMPSHIRE

Project State

MA

Project Zip

01002-2350

CD

MA-02

Jobs Reported

4

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11867.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11952.51

Forgiveness Date

01/25/2021

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