# PPP loan: NEW SCALE TECHNOLOGIES
> **$262K** approved 04/16/2020 · Paid in Full · Loan `2309367201`
## Borrower
- **Name:** NEW SCALE TECHNOLOGIES
- **Address:** 121 Victor Heights Parkway, VICTOR, NY, 14564
- **NAICS:** 335312
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Rent:** $29K
- **Health care:** $18K
- **Jobs reported:** 20
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*