# PPP loan: LA NUEVA, INC.
> **$241K** approved 04/28/2020 · Paid in Full · Loan `1883487300`
## Borrower
- **Name:** LA NUEVA, INC.
- **Address:** 1900 FOREST DRIVE STE 1, ANNAPOLIS, MD, 21401
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Rent:** $60K
- **Jobs reported:** 32
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*