New Horizon INC

$82,960 PPP Loan in Clarksburg, Maryland

Loan Details

Loan Number
3579807109
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$82,960
Current Approval
$82,960
Forgiveness Amount
$84,053
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Horizon INC
Address
24520 Frederick Road
ZIP Code
20871-9730
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$72,060
Rent
$8,000
Utilities
$1,500
Debt Interest
$1,400

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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