# PPP loan: NEW ENERGY CORP.
> **$219K** approved 01/22/2021 · Paid in Full · Loan `3809748303`
## Borrower
- **Name:** NEW ENERGY CORP.
- **Address:** 1553 Blanchard Blvd Ste B, Columbus, GA, 31901-3474
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $219K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Southern States Bank
- **Servicing:** Southern States Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*