# PPP loan: NEW REACH, INC.
> **$583K** approved 04/15/2020 · Paid in Full · Loan `2196307208`
## Borrower
- **Name:** NEW REACH, INC.
- **Address:** 153 EAST ST, NEW HAVEN, CT, 06511-5947
- **NAICS:** 624221
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $583K
- **Initial approval:** $588K
- **Forgiven:** $588K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $583K
- **Jobs reported:** 66
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*