# PPP loan: THE 'NEW' DILL INC
> **$175K** approved 03/16/2021 · Exemption 4 · Loan `3178998605`
## Borrower
- **Name:** THE 'NEW' DILL INC
- **Address:** 309 N Center St, Mount Olive, NC, 28365-1720
- **NAICS:** 115114
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $96K (55%)
- **Forgiveness date:** 05/15/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*