PPP Loan information for Newhope specialized industries inc.

$121,817

Newhope specialized industries inc. was initially approved for PPP Loan of amount $121,817, the current approved amount is $121,817. The loan was approved on 02/13/2021 by The Arkansas Capital Corporation reported 9 jobs and $121,817 was used to fund payroll.

Newhope specialized industries inc. is Existing or more than 2 years old

NEWHOPE SPECIALIZED INDUSTRIES INC.

Date Approved

02/13/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

NEWHOPE SPECIALIZED INDUSTRIES INC.

Borrower Address

1223 Linden St

Borrower City

Searcy

Borrower State

AR

Borrower Zip

72143-7418

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

121816.70

Current Approval Amount

121816.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224779

Servicing Lender Name

Arkansas Capital Corporation

Servicing Lender Address

200 River Market Ave. Suite 400

Servicing Lender City

Little Rock

Servicing Lender State

AR

Servicing Lender Zip

72201-1728

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Searcy

Project County Name

WHITE

Project State

AR

Project Zip

72143-7418

CD

AR-02

Jobs Reported

9

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

121816.70

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

Non-Profit Organization

Originating Lender Location Id

224779

Originating Lender

Arkansas Capital Corporation

Originating Lender City

Little Rock

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

122537.59

Forgiveness Date

09/29/2021

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