PPP Loan information for Newhope corporation

$149,268

Newhope corporation was initially approved for PPP Loan of amount $149,268, the current approved amount is $149,268. The loan was approved on 04/29/2020 by The First Bank reported 47 jobs and $149,268 was used to fund payroll.

Newhope corporation is Existing or more than 2 years old

NEWHOPE CORPORATION

Date Approved

04/29/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

NEWHOPE CORPORATION

Borrower Address

4840 N PECK ROAD

Borrower City

GARDEN GROVE

Borrower State

CA

Borrower Zip

92843

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149267.52

Current Approval Amount

149267.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40337

Servicing Lender Name

First Bank

Servicing Lender Address

11947 Olive Blvd

Servicing Lender City

Creve Coeur

Servicing Lender State

MO

Servicing Lender Zip

63141

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARDEN GROVE

Project County Name

ORANGE

Project State

CA

Project Zip

92843-1000

CD

CA-45

Jobs Reported

47

NAICS Code

445110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

149267.52

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

40337

Originating Lender

First Bank

Originating Lender City

Creve Coeur

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150946.78

Forgiveness Date

06/11/2021

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