# PPP loan: NEW ERA INFORMATION TECHNOLOGIES
> **$224K** approved 05/01/2020 · Paid in Full · Loan `2684017704`
## Borrower
- **Name:** NEW ERA INFORMATION TECHNOLOGIES
- **Address:** 277 PLAUCHE ST, HARAHAN, LA, 70123
- **NAICS:** 541512
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Mortgage interest:** $627
- **Utilities:** $505
- **Health care:** $8K
- **Debt interest:** $940
- **Jobs reported:** 16
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*