# PPP loan: NEW WAY TREE SERVICES INC.
> **$228K** approved 03/31/2021 · Paid in Full · Loan `3807218707`
## Borrower
- **Name:** NEW WAY TREE SERVICES INC.
- **Address:** 7485 Ronson Rd, San Diego, CA, 92111-1507
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 10/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 31
## Lender
- **Originating:** BSD Capital, LLC dba Lendistry
- **Servicing:** Lendistry SBLC, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*