PPP Loan information for Newhope academy ltd

$454,900

Newhope academy ltd was initially approved for PPP Loan of amount $454,900, the current approved amount is $454,900. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 53 jobs and $454,900 was used to fund payroll.

Newhope academy ltd is Unanswered

PPP Loan Search / IL / ARLINGTON HEIGHTS / Newhope academy ltd

NEWHOPE ACADEMY LTD

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NEWHOPE ACADEMY LTD

Borrower Address

3250 N ARLINGTON HEIGHTS RD

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60004

Loan Status Date

06/09/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

454900.00

Current Approval Amount

454900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

ARLINGTON HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60004-0001

CD

IL-05

Jobs Reported

53

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

454900.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

468660.73

Forgiveness Date

05/08/2023

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