# PPP loan: NEW CENTURY INVESTMENTS VII, LLC
> **$350K** approved 05/21/2020 · Charged Off · Loan `1691137807`
## Borrower
- **Name:** NEW CENTURY INVESTMENTS VII, LLC
- **Address:** 209 N. WALNUT AVE, OKLAHOMA CITY, OK, 73104-2213
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $330K (94%)
- **Forgiveness date:** 05/02/2022
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $350K
- **Jobs reported:** 18
## Lender
- **Originating:** Legacy Bank
- **Servicing:** Legacy Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*