PPP Loan information for New communities, inc.

$2,655,998

New communities, inc. was initially approved for PPP Loan of amount $2,655,998, the current approved amount is $2,655,998. The loan was approved on 04/14/2020 by The Camden National Bank reported 392 jobs and $2,655,998 was used to fund payroll.

New communities, inc. is New Business or 2 years or less

PPP Loan Search / ME / Westbrook / New communities, inc.

NEW COMMUNITIES, INC.

Date Approved

04/14/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

NEW COMMUNITIES, INC.

Borrower Address

869 Main Street Suite 600

Borrower City

Westbrook

Borrower State

ME

Borrower Zip

04092

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2655998.00

Current Approval Amount

2655998.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29633

Servicing Lender Name

Camden National Bank

Servicing Lender Address

2 Elm St

Servicing Lender City

CAMDEN

Servicing Lender State

ME

Servicing Lender Zip

04843-1947

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Westbrook

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04092-0001

CD

ME-01

Jobs Reported

392

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2655998.00

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

Non-Profit Organization

Originating Lender Location Id

29633

Originating Lender

Camden National Bank

Originating Lender City

CAMDEN

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2686320.64

Forgiveness Date

06/09/2021

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