# PPP loan: SLO NEW TIMES INC
> **$228K** approved 04/16/2020 · Paid in Full · Loan `2388697203`
## Borrower
- **Name:** SLO NEW TIMES INC
- **Address:** 1010 MARSH ST, SAN LUIS OBISPO, CA, 93401-3630
- **NAICS:** 511110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 29
## Lender
- **Originating:** 1st Capital Bank
- **Servicing:** 1st Capital Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*