# PPP loan: NEWMETRIC HOME HEALTH CARE INCORPORATED
> **$400K** approved 04/16/2020 · Paid in Full · Loan `3055967208`
## Borrower
- **Name:** NEWMETRIC HOME HEALTH CARE INCORPORATED
- **Address:** 1315 CHARDONNAY DR, ALLEN, TX, 75002-0956
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $405K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Mortgage interest:** $50K
- **Utilities:** $50K
- **Jobs reported:** 150
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*