# PPP loan: NEW HORIZONS TELECOM INC.
> **$2.01M** approved 04/10/2020 · Paid in Full · Loan `1198817109`
## Borrower
- **Name:** NEW HORIZONS TELECOM INC.
- **Address:** 901 Cope Industrial Way, PALMER, AK, 99645-6739
- **NAICS:** 237130
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.01M
- **Initial approval:** $2.01M
- **Forgiven:** $2.03M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.01M
- **Jobs reported:** 64
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*