PPP Loan information for New reach, inc.

$582,500

New reach, inc. was initially approved for PPP Loan of amount $587,500, the current approved amount is $582,500. The loan was approved on 04/15/2020 by The Webster Bank National Association reported 66 jobs and $582,500 was used to fund payroll.

New reach, inc. is Existing or more than 2 years old

PPP Loan Search / CT / NEW HAVEN / New reach, inc.

NEW REACH, INC.

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

NEW REACH, INC.

Borrower Address

153 EAST ST

Borrower City

NEW HAVEN

Borrower State

CT

Borrower Zip

06511-5947

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

587500.00

Current Approval Amount

582500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW HAVEN

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06511-5947

CD

CT-03

Jobs Reported

66

NAICS Code

624221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

582500.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

587862.19

Forgiveness Date

03/25/2021

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