PPP Loan information for The hometown welcome program, inc.

$164,900

The hometown welcome program, inc. was initially approved for PPP Loan of amount $112,500, the current approved amount is $164,900. The loan was approved on 01/16/2021 by The Newtek Small Business Finance, Inc. reported 8 jobs and $164,900 was used to fund payroll.

The hometown welcome program, inc. is Existing or more than 2 years old

THE HOMETOWN WELCOME PROGRAM, INC.

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THE HOMETOWN WELCOME PROGRAM, INC.

Borrower Address

107 S Nottawa St

Borrower City

Sturgis

Borrower State

MI

Borrower Zip

49091-1736

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

164900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sturgis

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49091-1736

CD

MI-06

Jobs Reported

8

NAICS Code

541860

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

164900.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

166883.38

Forgiveness Date

04/13/2022

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