PPP Loan information for New promise inc

$40,660

New promise inc was initially approved for PPP Loan of amount $35,200, the current approved amount is $40,660. The loan was approved on 04/12/2020 by The Farmers Bank reported 6 jobs and $40,660 was used to fund payroll.

New promise inc is Existing or more than 2 years old

PPP Loan Search / AR / Fort Smith / New promise inc

NEW PROMISE INC

Date Approved

04/12/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

NEW PROMISE INC

Borrower Address

1011 South Quincy Street

Borrower City

Fort Smith

Borrower State

AR

Borrower Zip

72901-7821

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35200.00

Current Approval Amount

40660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4353

Servicing Lender Name

Farmers Bank

Servicing Lender Address

71 W Center St

Servicing Lender City

GREENWOOD

Servicing Lender State

AR

Servicing Lender Zip

72936-4804

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fort Smith

Project County Name

SEBASTIAN

Project State

AR

Project Zip

72901-7821

CD

AR-03

Jobs Reported

6

NAICS Code

423850

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40660.00

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

4353

Originating Lender

Farmers Bank

Originating Lender City

GREENWOOD

Originating Lender State

AR

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

34828.74

Forgiveness Date

12/15/2020

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