# PPP loan: NEW TECHNOLOGY INVESTMENTS INC
> **$235K** approved 04/29/2020 · Paid in Full · Loan `2392797310`
## Borrower
- **Name:** NEW TECHNOLOGY INVESTMENTS INC
- **Address:** 1904 HILCO ST, ALBEMARLE, NC, 28001-6307
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 04/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Jobs reported:** 15
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*