PPP Loan information for New opportunities inc

$1,752,647

New opportunities inc was initially approved for PPP Loan of amount $1,752,647, the current approved amount is $1,752,647. The loan was approved on 01/23/2021 by The Thomaston Savings Bank reported 251 jobs and $1,752,647 was used to fund payroll.

New opportunities inc is Existing or more than 2 years old

NEW OPPORTUNITIES INC

Date Approved

01/23/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

NEW OPPORTUNITIES INC

Borrower Address

232 N Elm St

Borrower City

Waterbury

Borrower State

CT

Borrower Zip

06702-1516

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1752646.72

Current Approval Amount

1752646.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16495

Servicing Lender Name

Thomaston Savings Bank

Servicing Lender Address

203 Main St

Servicing Lender City

THOMASTON

Servicing Lender State

CT

Servicing Lender Zip

06787-1721

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waterbury

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06702-1516

CD

CT-05

Jobs Reported

251

NAICS Code

624230

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1752641.72

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

16495

Originating Lender

Thomaston Savings Bank

Originating Lender City

THOMASTON

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1762394.32

Forgiveness Date

08/27/2021

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