# PPP loan: NEW LONDON COUNTY MUTUAL INSURANCE COMPANY
> **$1.47M** approved 04/11/2020 · Paid in Full · Loan `3265907101`
## Borrower
- **Name:** NEW LONDON COUNTY MUTUAL INSURANCE COMPANY
- **Address:** 101 HIGH ST, NORWICH, CT, 06360-5605
- **NAICS:** 524126
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.47M
- **Initial approval:** $1.47M
- **Forgiven:** $1.32M (90%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.47M
- **Jobs reported:** 99
## Lender
- **Originating:** Chelsea Groton Bank
- **Servicing:** Chelsea Groton Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*