PPP borrower record
NEW DIRECTION UTILITIES, INC. PPP loan record
Public SBA PPP loan record for NEW DIRECTION UTILITIES, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$979,700
Approved amount
$987,967
Forgiven amount
2020-04-29
Date approved
Borrower and loan details
Borrower
NEW DIRECTION UTILITIES, INC.
Loan number
2014487303
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Hagerstown
Borrower state
Maryland
Borrower ZIP
21742
Jobs reported
72
Loan status
Paid in Full
Forgiveness date
2021-03-08
Servicing lender
Manufacturers and Traders Trust Company
Originating lender
Manufacturers and Traders Trust Company
Reported use of proceeds
Payroll
$858,869
Rent
$0
Utilities
$2,200
Mortgage interest
$0
Health care
$108,631
Debt interest
$10,000
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.