A NEW BEGINNING FOR YOU, INC (AL) - 2020 PPP Loan Borrower Profile (# 5421167204)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A NEW BEGINNING FOR YOU, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

5421167204

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$27,644.7

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$27,861.32

Date Loan was Forgiven

Jul 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,124

Payroll Proced

23,483.7

Mortgage Interest Proceed

2,037

Lender

Troy Bank & Trust Company

Business Detail

Business Type

Non-Profit Organization

NAICS

624120

Borrower Location

TROY, AL

Project Location

TROY, AL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.