# PPP loan: NEW WAY BOOT SHOP
> **$247K** approved 01/20/2021 · Paid in Full · Loan `2121388310`
## Borrower
- **Name:** NEW WAY BOOT SHOP
- **Address:** 510 E New Circle Rd, Lexington, KY, 40505-9006
- **NAICS:** 448210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $247K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Traditional Bank, Inc.
- **Servicing:** Traditional Bank, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*