New Beginnings INC

$270,800 PPP Loan in Milford Mill, Maryland

Loan Details

Loan Number
7036707203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$270,800
Current Approval
$270,800
Forgiveness Amount
$274,487
Forgiveness Date
Sep 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Beginnings INC
Address
2624 Lord Baltimore Drive Suite L
ZIP Code
21244
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (621610)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$10.3M
Rural/Urban
Urban
Congressional District
MD-02

Loan Use Breakdown

Payroll
$149,968
Rent
$108,000
Utilities
$12,832

Lender Information

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

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