# PPP loan: NEW CORE, INC.
> **$256K** approved 04/10/2020 · Exemption 4 · Loan `1471467102`
## Borrower
- **Name:** NEW CORE, INC.
- **Address:** 22673 HAND RD, HARLINGEN, TX, 78552-5810
- **NAICS:** 335999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $228K (89%)
- **Forgiveness date:** 12/09/2021
- **Status:** Exemption 4
- **Term:** 3 months
## Use of funds
- **Payroll:** $256K
- **Jobs reported:** 36
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*