# PPP loan: NEWAGE RANCHO MIRAGE, LLC
> **$3.67M** approved 04/10/2020 · Paid in Full · Loan `1574157106`
## Borrower
- **Name:** NEWAGE RANCHO MIRAGE, LLC
- **Address:** 68900 FRANK SINATRA DR, RANCHO MIRAGE, CA, 92270-5300
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.67M
- **Initial approval:** $3.67M
- **Forgiven:** $3.72M (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.67M
- **Jobs reported:** 389
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*