# PPP loan: NEW NATIONAL LLC
> **$1.27M** approved 04/16/2020 · Exemption 4 · Loan `2439717208`
## Borrower
- **Name:** NEW NATIONAL LLC
- **Address:** 1677 COLLINS AVENUE,, MIAMI BEACH, FL, 33139-3136
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $734K (58%)
- **Forgiveness date:** 10/15/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.27M
- **Jobs reported:** 117
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*