# PPP loan: NEW HOPE LIVING  & NURSING SERVICES INC
> **$248K** approved 05/06/2020 · Paid in Full · Loan `3006767407`
## Borrower
- **Name:** NEW HOPE LIVING  & NURSING SERVICES INC
- **Address:** 6901 78th Ave N Ste 101, MINNEAPOLIS, MN, 55445
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 43
## Lender
- **Originating:** Drake Bank
- **Servicing:** Drake Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*