# PPP loan: NEW_WAY_LANDSCAPE_AND_TREE_SERVICES
> **$1.14M** approved 06/12/2020 · Exemption 4 · Loan `2792327907`
## Borrower
- **Name:** NEW_WAY_LANDSCAPE_AND_TREE_SERVICES
- **Address:** 7485 RONSON RD, SAN DIEGO, CA, 92111-1507
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.04M
- **Forgiven:** $1.12M (99%)
- **Forgiveness date:** 12/20/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $682K
- **Rent:** $227K
- **Utilities:** $227K
- **Jobs reported:** 120
## Lender
- **Originating:** BSD Capital, LLC dba Lendistry
- **Servicing:** Lendistry SBLC, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*