# PPP loan: NEW ENGLAND DRAGWAY INC
> **$170K** approved 01/21/2021 · Paid in Full · Loan `2658178306`
## Borrower
- **Name:** NEW ENGLAND DRAGWAY INC
- **Address:** 280 Exeter Rd, Epping, NH, 03042-2213
- **NAICS:** 711212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $170K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Bangor Savings Bank
- **Servicing:** Bangor Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*