PPP Loan information for New hope carolinas inc

$2,555,257

New hope carolinas inc was initially approved for PPP Loan of amount $2,555,257, the current approved amount is $2,555,257. The loan was approved on 04/07/2020 by The West Town Bank & Trust reported 348 jobs and $2,555,257 was used to fund payroll.

New hope carolinas inc is Existing or more than 2 years old

NEW HOPE CAROLINAS INC

Date Approved

04/07/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

NEW HOPE CAROLINAS INC

Borrower Address

7515 Northside Dr Ste 200

Borrower City

North Charleston

Borrower State

SC

Borrower Zip

29420-4211

Loan Status Date

07/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2555257.45

Current Approval Amount

2555257.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78669

Servicing Lender Name

West Town Bank & Trust

Servicing Lender Address

7820 W 26th St

Servicing Lender City

NORTH RIVERSIDE

Servicing Lender State

IL

Servicing Lender Zip

60546-1599

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

North Charleston

Project County Name

CHARLESTON

Project State

SC

Project Zip

29420-4211

CD

SC-06

Jobs Reported

348

NAICS Code

623220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2555257.45

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

Subchapter S Corporation

Originating Lender Location Id

78669

Originating Lender

West Town Bank & Trust

Originating Lender City

NORTH RIVERSIDE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2584450.39

Forgiveness Date

06/09/2021

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