# PPP loan: NEW HANOVER DOUGHNUT COMPANY, INC.
> **$198K** approved 04/11/2020 · Paid in Full · Loan `2972877110`
## Borrower
- **Name:** NEW HANOVER DOUGHNUT COMPANY, INC.
- **Address:** 2822 South College Rd, WILMINGTON, NC, 28412-6827
- **NAICS:** 311812
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 34
## Lender
- **Originating:** Countybank
- **Servicing:** Countybank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*