New Hope Therapy

$207,565 PPP Loan in Hot Springs National Park, Arkansas

Loan Details

Loan Number
6184997010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$207,565
Current Approval
$207,565
Forgiveness Amount
$209,271
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Hope Therapy
Address
105 Grand Ridge Ter
ZIP Code
71901-9219
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Health Care and Social Assistance (621340)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$164,339
Rent
$10,000
Utilities
$16,400
Health Care
$8,953
Mortgage Interest
$7,873

Lender Information

Servicing Lender
The Malvern National Bank
Originating Lender
The Malvern National Bank

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