# PPP loan: NEW ERA BUILDING INC.
> **$465K** approved 02/20/2021 · Paid in Full · Loan `2494868500`
## Borrower
- **Name:** NEW ERA BUILDING INC.
- **Address:** 5730 Houchin St, Naples, FL, 34109-1917
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $465K
- **Initial approval:** $465K
- **Forgiven:** $457K (98%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $465K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*