PPP Loan information for New life interfaith ministries, inc.

$338,400

New life interfaith ministries, inc. was initially approved for PPP Loan of amount $338,400, the current approved amount is $338,400. The loan was approved on 04/16/2020 by The Regions Bank reported 63 jobs and $338,400 was used to fund payroll.

New life interfaith ministries, inc. is Existing or more than 2 years old

PPP Loan Search / AL / Bessemer / New life interfaith ministries, inc.

NEW LIFE INTERFAITH MINISTRIES, INC.

Date Approved

04/16/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

NEW LIFE INTERFAITH MINISTRIES, INC.

Borrower Address

1622 7th Avenue North,

Borrower City

Bessemer

Borrower State

AL

Borrower Zip

35020-5781

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

338400.00

Current Approval Amount

338400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bessemer

Project County Name

JEFFERSON

Project State

AL

Project Zip

35020-5781

CD

AL-07

Jobs Reported

63

NAICS Code

813110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

338400.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

341014.49

Forgiveness Date

02/05/2021

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