PPP Loan information for Newhope church inc

$461,100

Newhope church inc was initially approved for PPP Loan of amount $461,100, the current approved amount is $461,100. The loan was approved on 05/05/2020 by The First-Citizens Bank & Trust Company reported 47 jobs and $461,100 was used to fund payroll.

Newhope church inc is New Business or 2 years or less

NEWHOPE CHURCH INC

Date Approved

05/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEWHOPE CHURCH INC

Borrower Address

7619 FAYETTEVILLE RD

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27713

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

461100.00

Current Approval Amount

461100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27713-0001

CD

NC-04

Jobs Reported

47

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

461100.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

463341.46

Forgiveness Date

11/03/2020

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