A New Direction: Breaking the Cycle of Poverty INC
$312,500 PPP Loan in Montgomery, Alabama
Loan Details
- Loan Number
- 4711867206
- Date Approved
- Apr 27, 2020
- Loan Status
- Exemption 4
- Initial Approval
- $312,500
- Current Approval
- $312,500
- Forgiveness Amount
- $0
- Forgiveness Date
- N/A
- Term
- 60 months
- Draw
- First Draw
Business Information
- Business Name
- A New Direction: Breaking the Cycle of Poverty INC
- Address
- 7007 Potsdam Ct
- City
- Montgomery
- State
- Alabama
- ZIP Code
- 36117
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Health Care and Social Assistance (624190)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 6
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- AL-02
Loan Use Breakdown
- Payroll
- $312,500
Lender Information
- Servicing Lender
- Regions Bank
- Originating Lender
- Regions Bank
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|---|---|---|
| Turenne & Associates, LLC | $5,553,700 | |
| Capitol Business Equipment, Inc. | $5,254,049 | |
| Premier Kings, Inc. | $4,649,000 | |
| Beasley, Allen, Crow, Methvin, Portis & Miles, P.c. | $4,202,424 | |
| Faulkner University | $3,654,500 |
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