PPP Loan information for Hopewest

$4,441,500

Hopewest was initially approved for PPP Loan of amount $4,441,500, the current approved amount is $4,441,500. The loan was approved on 04/03/2020 by The Timberline Bank reported 250 jobs and $4,441,500 was used to fund payroll.

Hopewest is Existing or more than 2 years old

HOPEWEST

Date Approved

04/03/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

HOPEWEST

Borrower Address

3090 N 12th St Unit B

Borrower City

GRAND JUNCTION

Borrower State

CO

Borrower Zip

81506-2804

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4441500.00

Current Approval Amount

4441500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426411

Servicing Lender Name

Timberline Bank

Servicing Lender Address

649 Market Street

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81505

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND JUNCTION

Project County Name

MESA

Project State

CO

Project Zip

81506-2804

CD

CO-03

Jobs Reported

250

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3331125.00

Mortgage Interest Proceed

0.00

Rent Proceed

1110375.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

426411

Originating Lender

Timberline Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

4495044.75

Forgiveness Date

06/15/2021

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