Hagerstown, MD
As part of the Paycheck Protection Program NEW DIRECTION UTILITIES, INC was approved for a loan.
The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.
| Loan Amount | $979,700 |
| BusinessName | NEW DIRECTION UTILITIES, INC |
| Address | 21616 Kelso Drive |
| City | Hagerstown |
| State | MD |
| Zip | 21742 |
| NAICSCode | 221122 |
| BusinessType | Subchapter S Corporation |
| RaceEthnicity | Unanswered |
| Gender | Male Owned |
| Veteran | Unanswered |
| NonProfit | |
| JobsReported | 72 |
| DateApproved | 04/29/2020 |
| Lender | Manufacturers and Traders Trust Company |
| CD | MD-06 |
| BusinessName.clean | NEW DIRECTION UTILITIES |
The data come from a release of over 5 million records by the SBA in November, 2020.
Entities affected by Coronavirus (COVID-19) may have been eligible, including:
More info about the PPP is available from the Small Business Administration.
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