# PPP loan: NEW ACQUISITIONS
> **$178K** approved 03/15/2021 · Paid in Full · Loan `2709488600`
## Borrower
- **Name:** NEW ACQUISITIONS
- **Address:** 305 Church At North Hills St Ste 1270, Raleigh, NC, 27609-2676
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $178K
- **Jobs reported:** 21
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*