# PPP loan: NEW B&M MEATS, INC.
> **$690K** approved 04/10/2020 · Paid in Full · Loan `2348577110`
## Borrower
- **Name:** NEW B&M MEATS, INC.
- **Address:** 21 Commerce Street, WILMINGTON, DE, 19801-5425
- **NAICS:** 424470
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $690K
- **Initial approval:** $690K
- **Forgiven:** $694K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $690K
- **Jobs reported:** 62
## Lender
- **Originating:** ConnectOne Bank
- **Servicing:** ConnectOne Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*