PPP Loan information for New paradigm for education, inc.

$3,180,705

New paradigm for education, inc. was initially approved for PPP Loan of amount $3,180,705, the current approved amount is $3,180,705. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $3,180,705 was used to fund payroll.

New paradigm for education, inc. is Existing or more than 2 years old

PPP Loan Search / MI / DETROIT / New paradigm for education, inc.

NEW PARADIGM FOR EDUCATION, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEW PARADIGM FOR EDUCATION, INC.

Borrower Address

1903 WILKINS ST

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48207

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3180705.00

Current Approval Amount

3180705.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48207-0001

CD

MI-13

Jobs Reported

500

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3180705.00

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

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2956651.83

Forgiveness Date

01/21/2022

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