New Light Recovery Center, Inc.

$301,323 PPP Loan in Highland Park, Michigan

Loan Details

Loan Number
9920037301
Date Approved
May 3, 2020
Loan Status
Paid in Full
Initial Approval
$301,323
Current Approval
$301,323
Forgiveness Amount
$305,055
Forgiveness Date
Aug 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Light Recovery Center, Inc.
Address
300 Mcnichols Rd
ZIP Code
48203
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (621420)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$6.6M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$268,323
Rent
$21,000
Utilities
$4,000
Health Care
$8,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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