# PPP loan: NEW ATLANTIC CONTRACTING INC.
> **$887K** approved 01/22/2021 · Paid in Full · Loan `3389588306`
## Borrower
- **Name:** NEW ATLANTIC CONTRACTING INC.
- **Address:** 2635 Reynolda Rd, Winston Salem, NC, 27106-3834
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $887K
- **Initial approval:** $887K
- **Forgiven:** $897K (101%)
- **Forgiveness date:** 04/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $887K
- **Jobs reported:** 45
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*