# PPP loan: NEW AGE DISTRIBUTING INC.
> **$631K** approved 04/09/2020 · Paid in Full · Loan `1041877107`
## Borrower
- **Name:** NEW AGE DISTRIBUTING INC.
- **Address:** 1400 East 28th Street, Little Rock, AR, 72206
- **NAICS:** 492210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $631K
- **Initial approval:** $631K
- **Forgiven:** $636K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $631K
- **Jobs reported:** 83
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*