# PPP loan: NEW HORIZONS TECHNOLOGIES INC
> **$400K** approved 02/19/2021 · Paid in Full · Loan `2081518502`
## Borrower
- **Name:** NEW HORIZONS TECHNOLOGIES INC
- **Address:** 4 Campground Rd, Sterling, MA, 01564-1413
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $404K (101%)
- **Forgiveness date:** 02/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $400K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*