# PPP loan: NEW ENERGY TECHNOLOGY, INC.
> **$204K** approved 05/01/2020 · Paid in Full · Loan `3657147707`
## Borrower
- **Name:** NEW ENERGY TECHNOLOGY, INC.
- **Address:** 619 Main Street, Grand Junction, CO, 81501-2774
- **NAICS:** 541712
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $204K
- **Initial approval:** $204K
- **Forgiven:** $164K (81%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Jobs reported:** 19
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*