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
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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