# PPP loan: NEW ACQUISITIONS, INC.
> **$190K** approved 04/11/2020 · Paid in Full · Loan `3251167103`
## Borrower
- **Name:** NEW ACQUISITIONS, INC.
- **Address:** 305 Church at N. Hills St. #1270, RALEIGH, NC, 27609-2666
- **NAICS:** 541613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $189K
- **Forgiven:** $192K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Jobs reported:** 31
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*